Course Description
Evaluation of retirement plans and employee benefits in the context of prescriptive financial planning decisions. Discussion of a more advanced concept of time value of money, risk tolerance, life expectancy, social security, retirement plans, tax implications of retirement plans, and health insurance.
Athena Title
Retirement Plan Empl Benefits
Prerequisite
FHCE 3200 or FHCE 3200E or FHCE 3250 or FHCE 3250E or HACE 3200 or HACE 3200E or HACE 3250 or HACE 3250E
Semester Course Offered
Offered spring
Grading System
A - F (Traditional)
Course Objectives
This course will help students be able to: (1) identify and evaluate sources of retirement income, (2) explain the differ- ences between defined benefit and defined contribution retirement plans, (3) understand life expectancy, risk tolerance, Social Security eligibility and their relationship to retirement plann- ing (4) explain the tax implications of various types of retire- ment plans (5) solve time value of money problems related to retirement planning, (6) understand the importance and different types of employee benefits, and (7) select benefit plans based on the needs of employer and employees.
Topical Outline
A. Process of employee benefit planning B. Pension plan C. Life insurance plan D. Health benefits plan E. Retirement planning process F. Long-term care
Syllabus