FIN 3450RETMT PLANNING & EMPLE BENEFIT

Catalog

Prerequisite(s): At least junior standing A course designed for the typical employee, describing common retirement plans in the workplace as well as personal savings plans used to provide retirement income. The course discusses such common employer-sponsored retirement plans as a Section 401(k) plan for employees of a for-profit business, a Section 403(b) plan for educators, and a Section 457(b) plan for State and local government employees. Such plans are considered in both the accumulation and distribution stages of retirement. Also included in the course is retirement funding strategies and personal saving strategies, such as the uses of Individual Retirement Accounts (IRAs) and annuities to plan for retirement. Government retirement plans, such as Social Security, are also considered.