Continuing Education

edward hulse asked:


In the development of innovative annuity products, insurers have not missed the opportunity arising from the so-called “graying of America,” the phenomenon of many millions of people over age 65 who are currently alive and in need of income. People in the senior age groups control a high proportion of both personal financial assets and savings dollars. Some insurers have begun to offer annuities with features especially for older adults, aiming at those ages 55 and higher - although the products may be purchased by younger people as well.

Typically, nonqualified annuities geared to senior needs have many of the same features of other flexible premium or single premium deferred annuities already discussed. The seniors have free withdrawal privileges and a nursing home withdrawal or bailout feature is usually an automatic feature. In addition, the senior age annuity owner is generally permitted to annuitize at anytime without paying surrender or withdrawal charges and begin receiving income payments regularly.

Interest rates are as competitive on senior-directed annuities as on other annuities, although rates may be graded downward at the upper age range. One company, for example, reduces the current interest rate by one-fourth percent for ages 80 to 90, and another one-fourth percent reduction for those ages 91-100.

A death benefit typically applies following a stipulated period of time. The benefit may become larger as the policy ages. For example, after the first year, the benefit might be just a return of premiums; followed by return of premiums plus the minimum guaranteed rate; then, in later years, premiums plus all interest earned.

With the burgeoning senior population who control a large percentage of financial assets and savings dollars, the insurers have developed annuities with their needs in mind, leading to what has been called, “the senior industry.”

Many elderly persons are retired and strapped for cash, and many have been made aware of various methods of obtaining income from their residence that in many cases are mortgage-free or has considerable equity.  “Reverse mortgages” are often used to use the residence as a source of retirement income.  The homeowner may be able to borrow considerable funds with a home-equity conversion mortgage, the most popular type of reverse mortgage.

Illinois Insurance Continuing Education



Cathy

Drew asked:


I am a realtor in the State of Ohio and need to complete my 30 hours of continuing education. I would like to do this online if possible. I am looking for advice from fellow Realtors that have had experience with online service providers.

Nellie

beachcchs asked:


I am a single mother of two and would like to continue my education and go back to college. Does any one know of a cost of living grant/loan that helps with living expenses during this time. I work full time, but don’t know if I can manage a home, my children and college with a job. I will try, but may be a little tricky. Thanks

Glen

edward hulse asked:


Effective January 1, 1998, most people can fund a Roth IRA.  The maximum contribution is $2,000, as in a regular IRA, but a person cannot establish a Roth IRA if they show an adjusted gross income (AGI) of $110,000 (single) or $160,000 (married).  If a regular IRA is rolled over into a Roth IRA, that money is not subject to the AGI calculation.  Also, all income must be “earned income”, i.e. wages, tips, bonuses, commissions, etc.)

There are certain benefits to a Roth IRA, such as:

1.Earnings grow and compound tax-free (not tax-deferred).

2.A person does not have to withdraw at age 70 ½ (there are no limits).

3.Contributions can continue past age 70 - but it must be earned income.

4.If the Roth IRA is at least 5 years old and the owner is at least 59 ½, the growth and earnings are TAX-FREE!

5.There are exceptions to the 5-year and age 59 ½ rule, such as if the owner becomes disabled or dies, or a one-time maximum withdrawal of $10,000 is allowed.

6.Withdrawals of the principal are not taxed, even during the early years.

7.The proceeds of the Roth IRA will pass tax-free to heirs.

Whether a Roth IRA or a traditional IRA is best for the individual, much depends upon whether the individual can deduct the contributions of an IRA from their income taxes, and consideration must be made as to tax bracket, how long the money will be allowed to compound, etc. There really is not an easy answer, but practically it comes down to whether the individual (&/or spouse) needs the benefits of a traditional IRA each year when the tax forms are filed - in other words, the $2,000 per person deductible is important now, and if so, then the traditional IRA will do the job.

However, if only the growth for later years is important, then the Roth IRA has substantial advantages. However, the money each year that goes into the Roth IRA is taxed as ordinary income that year.

CONVERTING AN IRA TO A ROTH IRA

1.If one is considering rolling over a traditional IRA into a Roth IRA, they will have to pay income tax on the traditional IRA, but there is no tax penalty.  Whether a person should convert would depend upon the individual’s tax bracket as in some cases it could trigger a rise to another tax bracket. Questions of this sort should be referred to a tax attorney or accountant.

ROTH vs ANNUITY

The major advantages of an annuity over a Roth IRA are that is that there is no limit as to how much can be invested into an annuity each year, and there is no maximum amount that can be invested.

The advantages of a Roth IRA are:

1.A Roth IRA can provide more investment opportunities, such as allowing investments into stocks, bonds, Real Estate Trusts, and, yes, even annuities.

2.There are no taxes when a withdrawal takes place, either by the owner or an heir. Remember, with an annuity only the principal can be withdrawn tax-free, and withdrawals of growth is taxed as ordinary income, and not as capital gains.

3.There is no “first time home owner” tax exemption with an annuity. A Roth IRA has a maximum of $10,000.

ANNUITY AND A ROTH?

At this point, it might appear that if a prospective client is leaning towards establishing a Roth IRA, the annuity salesperson should walk away. WHY? A Roth IRA (or a traditional IRA) is simply a tax vehicle to encourage people to save. Save in what? What is wrong with an annuity, for heaven’s sake?

If a person wants to be able to have a guarantee of a minimum interest rate on an investment, greater than that offered by a Bank’s CD, then the EIA is a great vehicle for a Roth IRA.

The advantages of using any annuity in a traditional IRA or a Roth IRA are outlined in various sections of this text. Remember that the IRA and the Roth IRA programs are specifically designed for those who are savings for retirement. And what is a better savings vehicle than an annuity?

http://www.myceisonline.com

Illinois Insurance Continuing Education



Brian

Clarisa asked:


I just graduated from college last may and am now taking a continuing education course at a credited design school. i need the latest adobe programs for the course. Since i’m continuing education can I still get adobe creative suite 4 with a student discount?

James

*Dee * asked:


I have an Associate of Applied Science Degree in Business Information Systems (Administrative Assistant), how do I go by continuing education in a different field e.g. Radiologic Technology?

April

shelooksfiine asked:


You have completed your medical assisting program of study and have passed the testing necessary for either certification or registration. Both accrediting agencies require continuing education units to maintain your level of professionalism. Why do you think continuing education is so important?

Glen

Louis Zhang asked:


Physical therapy continuing education classes are an ongoing part of being a professional in this field.

What Does A Physical Therapist Do?

A physical therapist helps those with who suffer from disabilities caused by injury or disease to stay fit and healthy. They work with their patients to help them learn to use their bodies to regain strength, balance and coordination.

Professionals are required to be licensed in their state of practice after graduating from an accredited physical therapist program. They are also required to attend a certain number of hours of continuing education classes in order to keep their license.

Many physical therapists work closely with doctors, implementing treatment plans to bring patients to a level of full functioning as much as possible after illness or injury.

This means they must have an understanding of biomechanics, neuroanatomy and human growth and development. They must also be able to communicate with not only doctors, but patients and their families and have the capability to advise them on their treatment.

Why Take Physical Therapy Education Classes?

Physical therapy continuing education classes are an integral part of training and development. Not only do they help in professional development, the classes help practitioners keep up with changing rules and guidelines of the state. A career in any branch of the medical field dealing directly with the health of another human being requires ongoing learning to stay on top of things.

Physical therapy courses are offered by reputable and accredited institutions. What are some of the topics covered in continuing education classes?

* Vestibular Rehabilitation: as in therapies for dizziness and imbalance

* Managed Care: focus on quality and accessibility of practitioners

* Rotator Cuff Rehabilitation: physical strengthening exercises for injured shoulders

* HIPPA: regulation compliance and certification

* Stress Management: stress reduction techniques, including for the workplace

For persons who practice physical therapy, continuing education are usually provided by the hospital, clinic or practice in which they are employed, often as lectures or seminars.

However, it is not difficult to find online sources for physical therapy classes conducted by accredited and reputable schools, hospitals and other institutes. These flexible online classes are designed to meet state requirements. Credits obtained through lectures, seminars and online courses are measured in hours and reported to the state by the continuing education provider and recorded under the licensee’s name. Many states now allow physical therapists to renew their licenses online.



Courtney

Muna wa Wanjiru asked:


Being a nurse has long been considered to be the noblest of professions. In fact, even to this day, people from certain ethnic groups or communities look at nursing as the only viable career option. Apart form the tremendous satisfaction it brings from the sheer act of caring for and nursing people to good health, nursing is slowly but surely becoming a lucrative profession. Most nurses today in American hospital and private nursing homes earn reasonably good salaries. And hospitals continue to recruit scores of nurses from all over the world to cater to the demand for qualified nurses.

But becoming a nurse is not really inexpensive. Apart from the fact that the course itself is expensive, most nurses have to appear for certifying exams in order to get the necessary licenses or registrations that enable them to become full-fledged nurses. Which is why, a vast majority of nurses complete their basic nursing qualification (usually a diploma) before they enter the workforce.

Once inside, they realize that for nurses with better qualifications, there are tremendous growth opportunities. This usually puts them in a dilemma. If they quit their jobs to take up further courses of study, they not only stand to lose valuable income, but also run the risk of further students loans to pay for costly education. If on the other hand, they stay back in their jobs, they may never see a promotion or an opportunity for growth for a long time to come. The answer to such a dilemma is nursing continuing education.

Simply put, nursing continuing education is an “earn while you learn” scheme. When working nurses sign-up for nursing continuing education programs, they can continue to work at their regular hospitals while they improve their qualifications on the side. Most Diploma in Nursing holders can thus sign-up for a Degree program and work for their degree part-time while working as a regular nurse. Of course, such a course might be longer than a conventional full-time course, but the working nurse need not give up her job to pursue her education.

Most hospitals in the United States have a tie-up or affiliation with a college or university that provides nursing continuing education. Since the hospital itself administers the program, the nurses stand to benefit as they can schedule their rounds conveniently in order to accommodate the demands of the course. They also prefer hospitals which provide the option of nursing continuing education because this is a guarantee that they will have chances to grow in their chosen profession and consequently, earn more. And for the hospitals, it makes commercial sense because they have a steady pool of nurses guaranteed to undertake the course. Further, hospitals favor the nursing continuing education programs because it helps them retain staff in an industry that is always short of qualified nurses. It makes for better business sense to retain and train their existing nurses than to find new nurses.

Most American Nursing Associations like the American Nursing Association (ANA), American Nephrology Nursing Association (ANNA) and others are strong proponents of nursing continuing education. After all, it is a win-win situation for all concerned. And who would say not to happy, qualified nurses working in stress-free hospitals!



Oscar

alaniamonk asked:


I am looking for a website that lists different conferences.

Julie