You have completed only 0% of the video. Please continue watching the video.
Please don’t fast forward or alter the cursor of the video. You must watch entire video to get your CPE credits.

Before starting this self study progarm, please go through the Instructional Document.

Download

Course Details

Overview of Topics

  • Problem introduction2 mins
  • Characteristics of solution5 mins
  • Types of saving you do – Retirement saving target – Some Facts29 mins
  • The gap in the social security expectations based on medi-care CPI and CPI34 mins
  • Financial Literacy - Root of the problem – Why it matters?43 mins
  • Why the employer should care47 mins
  • How to drive the required change –55 mins
  • Plan design, fees monitoring, Investment monitoring, employer-sponsored benefits, utilizing internal controls67 mins
  • Building financial literacy - Securing future by securing retirement health81 mins

Course Description

"MORE THAN 75% OF WORKERS DON'T BELIEVE THEY WILL HAVE ENOUGH MONEY IN RETIREMENT"

In a world moving at warp speed, the ability to filter out the noise and focus on what truly matters is critical to developing a sound financial plan. Terri McGray, CFP®, AIF® will discuss the consequences of our national retirement crisis and its impact on corporate profitability. She will help you learn why business owners need to support retirement readiness and how companies can drive retirement success using employee (non-company) dollars.

Attendees of this webinar will learn : 

  • How Employers and Industry Leaders can drive change
  • Insurance and Benefit Costs for Aging Workers
  • How to Increase productivity
  • How to Recruit and retain talent
  • How to Reduce future liabilities

Learning objectives

  • Help quantify the projected economic costs to your business of delayed retirement.
  • Help determine which plan design, participant education, and investment levers you can pull to drive better outcomes for your employees — and your business.
  • How to create the right line-up of investments and default options that can help participants make smarter choices about their retirement savings.

About Presenter

Terri McGray is the founder and president of Longevity Capital Management LLC, a professional wealth management and retirement planning consulting firm that helps business owners and individuals work towards a successful retirement. 

She has developed a unique retirement readiness program for employers seeking to increase financial literacy in the workforce and drive results with their 401(k). 

Her expertise with plan design, ERISA law, internal controls and investment management enables businesses to outsource their plan workload and engage a co-fiduciary to reduce their liability.

Mrs. McGray is a champion of retirement readiness and public speaker, speaking passionately about our national retirement crisis and the importance of good 401(k) stewardship. Some of the conferences she has spoken at include LA Accounting & Finance Show 2019, CA HR Professional Conference 2019, Professionals in Human Resources Local Chapters, Cal Lutheran University, Wells Fargo CFO Symposium 2017, National Purchasing Managers Association, among others as well as conducts CPE webinars free on various topics.

Terri is also author of Retire Ready, Moral, Ethical, Prudent 401(k) Decision-Making for Employers and Plan Fiduciaries where she provides her expertise and easy-to-follow steps designed to help employers learn how to reduce financial stress in the workforce, support retirement readiness, inspire and motivate action, minimize cost and expenses, mitigate risk and lessen the workload.

Terri has been awarded the President’s Council Award, Oppenheimer Investments; Premier Advisor Award, Wells Fargo, to name a few.

Terri has been involved in her community as well and has served on the board of several nonprofits. She is a devoted advocate against domestic violence, Girl Scout Troop Leader and served as a Big Sister through the Big Brothers/Big Sisters program.

Longevity Capital Management LLC is an independent financial services firm built on over thirty years of experience helping individuals, families and business owners prepare for retirement and manage their financial future. Their advisors are seasoned specialists providing comprehensive asset management and financial services. If you have a specific service you need, including a second opinion or review of your current plan, they can provide a la carte services, as well.

Their mission is to create strong client relationships that stand the test of time, make a difference in their client’s lives and provide independent ideas.

Review Questions

  • Question 1 : 00:18
  • Question 2 : 00:33
  • Question 3 : 00:53
  • Question 4 : 01:13
  • Question 5 : 01:10
  • Question 6 : 01:25
  1. According to the National Institute on Retirement Security, what is the median 401k balance for those ages 55-64?
  2. What does Fidelity suggest is the targeted savings rate as a multiple of current income one should have by age 60?
  3. According to Career Builder, what percentage of workers are currently living paycheck-to-paycheck to make ends meet?
  4. Over a year, a full-time employee may spend how many hours on the job distracted from work because of personal finance issues?
  5. A 1% improvement in plan investment performance could boost the number of employees that are retirement ready by what amount?
  6. The cost of financial education can be paid by 401(k) participants so long as the fee is
  1. How long is the typical workers retirement savings estimated to last?
  2. By 2030, what percentage of the U.S. population will be over age 65?
  3. What happens when aging workers arent prepared for retirement?
  4. How much credit card interest was paid in 2018?
  5. The ability for workers to retire on time has an impact on:
  6. How many percentage of workers don’t believe that they have enough money in retirement?
  7. What is the percentage of people fall in the category of habitual retirement savers?
  8. What is the percentage of people who have saved nothing for retirement?
  9. According to the speaker what is the root of the national retirement crisis?
  10. According to the speaker,Our national economic health will not improve without good _______________.

FAQ

  • myCPE self-study courses are online.
  • The self-study format allows you to access the material online 24/7 and study at your own pace.
  • As per NASBA guidelines, you have one year from date of registration to complete each program.
  • Complete your final exam at any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
  • Course have minimum passing score of 70% and test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.
  • These are Live recorded presentations converted into Self Study (On-Demand Videos).

Refund/Cancellation Policy

  • For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
  • Please email to   help@my-cpe.com  in case of any self study program queries.

Reviews

4.7
(71)
80%
13%
7%
0%
0%
  • DF
    David Florijan , CPA
    Sep 25th 2019
    The speaker was excellent and informative
AK
Ashley Kosky , CPA
I really enjoyed listening to this speaker!
DG
Daniel Guetzkow , CPA
Good. I am getting used to the Android version, too.
EM
EF Moody
The slides were good and she tied the comments to those. I think the use of her live screen made the presentation more 'accessible' and 'comfortable' to the viewer. EF Moody PhD MBA MSFP LLB BSCE
CD
Cedrick Draper , Bookkeeper
Issues with polling question

NASBA Approved

MY-CPE LLC, 1600 Highway 6 South, Suite 250, Sugar Land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

On-Demand Webinars

Move up a Grade: Revision Guide
Monday, May 18, 2020 View Details/Register
Knowledge Performance Indicators (KPIs) for SMEs
Wednesday, May 13, 2020 View Details/Register
Business Performance Management
Wednesday, May 13, 2020 View Details/Register
The Theory of Constrainst and Lean Accounting
Tuesday, May 12, 2020 View Details/Register
THE MATHEMATICS OF ESTATE PLANNING FOR IRAS AFTER THE SECURE ACT
Friday, May 08, 2020 View Details/Register
The Accountant's Guide to Climate Change
Friday, May 08, 2020 View Details/Register
Professional Ethics for Accountants
Thursday, May 07, 2020 View Details/Register
Nebraska Ethics Principles and Conduct for CPAs
Friday, April 17, 2020 View Details/Register
MONTANA Ethics Principles and Conduct
Friday, April 17, 2020 View Details/Register
Massachusetts Ethics Principles and Conduct
Friday, April 17, 2020 View Details/Register
Maryland Ethics Principles and Conduct
Friday, April 17, 2020 View Details/Register
Executive Overview of Revenue Recognition (Topic 606) Exploring Both the Accounting & Tax
Wednesday, May 06, 2020 View Details/Register
Principles of Financial Statement Presentation
Wednesday, May 06, 2020 View Details/Register
Data Analysis 101 - Getting to the heart of performance data
Monday, May 04, 2020 View Details/Register
Performance Measurement
Thursday, April 30, 2020 View Details/Register
  • Cost $9
  • CPE Credits 2
  • Subject Area Specialized Knowledge
  • Course Level Basic
  • Instructional Method QAS Self Study
  • Prerequisites None
  • Advanced Preparation None
  • Recorded Date September 27 ,2019
  • Published Date September 27 ,2019
  • Who should attend? Finance Pros Accountant CFO/Controller Business Owner Others CPA - Small Firm CPA - Large Firm Accounting Firm CPA (Industry) Tax Firm Young CPA CPA in Business Entrepreneurial CPA
  • Handout Material Download
  • Key Terms Download

On-Demand Webinars

Move up a Grade: Revision Guide
Monday, May 18, 2020 View Details/Register
Knowledge Performance Indicators (KPIs) for SMEs
Wednesday, May 13, 2020 View Details/Register
Business Performance Management
Wednesday, May 13, 2020 View Details/Register
The Theory of Constrainst and Lean Accounting
Tuesday, May 12, 2020 View Details/Register
THE MATHEMATICS OF ESTATE PLANNING FOR IRAS AFTER THE SECURE ACT
Friday, May 08, 2020 View Details/Register
The Accountant's Guide to Climate Change
Friday, May 08, 2020 View Details/Register
Professional Ethics for Accountants
Thursday, May 07, 2020 View Details/Register
Nebraska Ethics Principles and Conduct for CPAs
Friday, April 17, 2020 View Details/Register
MONTANA Ethics Principles and Conduct
Friday, April 17, 2020 View Details/Register
Massachusetts Ethics Principles and Conduct
Friday, April 17, 2020 View Details/Register
Maryland Ethics Principles and Conduct
Friday, April 17, 2020 View Details/Register
Executive Overview of Revenue Recognition (Topic 606) Exploring Both the Accounting & Tax
Wednesday, May 06, 2020 View Details/Register
Principles of Financial Statement Presentation
Wednesday, May 06, 2020 View Details/Register
Data Analysis 101 - Getting to the heart of performance data
Monday, May 04, 2020 View Details/Register
Performance Measurement
Thursday, April 30, 2020 View Details/Register