Plan Loans Training & Certification Program
Contact Hours: 8 (an estimated time frame devoted to a course of study from start to finish that can vary from student to student)
This course will help you understand rules, and includes numerous tips, examples, and procedural recommendations that are interspersed with interactive Q and A sessions to help your learn quickly and easily. It`s "Bookmark" feature also lets you learn at your own pace, and gives you the ability to review previously completed material.
This course gives you one full year`s access to content, FREE updates, a "Fundamentals of Plan Loans" certificate, and two hours of PHR / SPHR re-certification credit
Upon completion of this course, you will be able to:
This course contains numerous End of Lesson Quizzes to help you measure your progress and mastery of the materials. A score of 85 or higher is required to earn a Certification.
Participant Loans: The Basics:
The Purpose Of Loans
Loan Approval Process
Maximum Permissible Loan Amount Restriction
Loan Repayments
Prohibited Transactions
Taxation Issues:
Taxation Requirements
Consequences Resulting From A Loan In Violation Of Code Section 72(p)
Loans Treated As Taxable Distributions
Correcting Loan Errors
Other Special Rules