Developed by some of the nation’s leading retirement plan and education experts at the American Retirement Association (ARA), PSCA and select Education Partners, the Certified Plan Sponsor Professional (CPSP) credential attests to current and future employers that you have the requisite knowledge and skills to effectively evaluate, design, implement, and manage a comprehensive employer-sponsored retirement plan strategy.
For more than a half-century, the Plan Sponsor Council of America’s annual conference has been where the nation’s retirement plan sponsors have connected with peers and thought leaders for ideas, insights and inspiration. This year the focus of this exceptional event is Tools, Techniques, and Takeaways – and promises to provide plenty of each.
To be eligible for the CPSP a candidate must have at least 2 years of experience in a plan sponsor role, pass the CPSP certification exam, and ascribe to the CPSP Professional Code of Ethics.
No. However, PSCA offers an online preparatory course to help candidates prepare for the CPSP certification exam. The online prep course is available at no additional charge for PSCA plan sponsor members, or through designated program distribution channels. Though the education is not required before taking the certification exam, it is highly recommended.
The CPSP Credential exam covers:
The CPSP certification exam is a 100-question online open-book exam. Candidates have 2.5 hours to complete the exam.
The Certified Plan Sponsor Professional and Certification exam are available at no charge to all PSCA members through the generous support of our CPSP education partners. Individuals may also receive an enrollment code directly from a CPSP education partner or CPFA-certified advisor to grant them access to the education and exam.
Official Registration will open May 3, 2019.
Candidates are given two attempts to pass the exam. Individuals who do not pass the exam after the second attempt may purchase additional attempts. The cost of the exam is $275.
CPSP® designation holders must complete twenty-six (26) hours of Continuing Professional Education (“CPE”) each Certification Period. A Certification Period is two (2) complete calendar years. Each CPE Period begins January 1 of each even numbered year, and ends December 31 of the subsequent odd numbered calendar year. Initial credential holders that earn the CPSP in an odd numbered year will be exempt from year-end CPE requirements. Initial credential holders that earn the CPSP in an even numbered year will need to earn one-half of the required CPE prior to the end of the CPE cycle.
CPSP designation holders will also responsible for $175 annual credential maintenance fee.
Qualified plan sponsor candidates are free to take just the education program but we encourage all participants to take the certification exam to demonstrate their mastery of the subject matter.
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