Financial Education for Securities, Banking, & Insurance Professionals.
Retirement Income Certified Professional®
3 Courses: 3 Required / 0 Elective
Practical. Comprehensive. Current.
The latest ideas in creating sustainable retirement income.
7,000 Americans will reach retirement age every day for the next 17 years: are you ready to ride the wave?
Practical. Comprehensive. Current. The RICP® designation will show you how to create sustainable retirement income for your clients, covering all of the best techniques that are working now.
Upon completion of this course, you will be able to create an effective retirement income plan to maintain a client’s desired lifestyle over the course of retirement; identify retirement income needs and objectives and evaluate the client’s current situation relative to those goals; choose appropriate strategies to address income gaps; evaluate taxation, estate issues, and other risks to the retirement income plan; prepare alternative solutions to mitigate plan risks; choose appropriate strategies for monetizing assets over the retirement period; and customize and manage the plan during a client’s retirement.
The second of the program's three courses offers a deep dive on sources of retirement income. After completion, you can recommend the optimal Social Security claiming age appropriate for each client's situation; help a client determine the optimal retirement age, and choose appropriate annuities for the retirement income plan. You will also have a better understanding of how executive benefits and retirement benefits for Federal and Military employees fit into the plan. You will understand the different ways that life insurance can be used in planning and how to address the retirement needs of the small business owner. You will also be better able to help a client create a retirement savings portfolio and become more familiar with the latest research on strategies for ensuring that retirement assets last a lifetime.
Available starting 1/1/2013
The third course in the RICP™ series focuses on initial and ongoing retirement income plan management. This knowledge will help you choose a tax-compliant and tax-efficient strategy for plan withdrawals from tax-advantaged plans; recommend the best health insurance options for retiring clients; select a method for funding long-term care needs; help a client with retirement housing decisions; create and manage retirement income portfolios appropriate for each client’s situation; and identify ways to help clients create and maintain satisfaction in retirement.
Recommended course sequence: Students are encouraged to take HS 353 first, then HS 354 followed by HS 355.
Unique Online Video Delivery:
The RICP® program features video-based delivery available online and through mobile devices along with a comprehensive study guide. Experts from across the country offer their knowledge to students on every aspect of retirement income planning.
Additional Program Requirements:
To successfully complete the three courses, students will need to pass a 100-question proctored exam, taken in a convenient local testing center for each course. In addition to the educational requirement, candidates for the RICP® credential must:
- Satisfy a 3-year experience requirement.
- Adhere to The American College’s Code of Ethics.
- Participate in The College’s PACE continuing education program, completing 15 hours of acceptable CE credits every two years and complying with recertification reporting and requirements.
The American College can disallow use of the RICP® if advisors do not adhere to the program’s ethical standards, continuing education, and other requirements.
Tuition and Fees:
Your tuition includes all required study materials, access to convenient online learning tools and your examination for each course.
Tuition & Fees
Tuition: $640 (per course)
Admission Fee: $145*
Your tuition includes all required study materials, access to convenient online learning tools, and your examination.
*One-time, nonrefundable fee for new enrollees at The College.
The 5-Year Rule
In order to facilitate timely completion of a student's designation and as part of The College's pledge to offer the most up-to-date material and course offerings, all courses are subject to the 5 Year Rule.
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