Loan Administrator Certificate Program

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Continuing Education Credits: 5 (NIPA, ERPA)
Cost: Members: $295; Non-members: $395

NIPA’s Loan Administrator Certificate Program was designed to provide a comprehensive training option and review course for staff members whose job responsibilities include any aspect of participant loan processing or loan maintenance.

Lesson topics include:

• Loan limit calculations for single-loan programs or the more complex, multi-loan programs;
• Loan documentation including the promissory note and amortization schedule plus the Plan Document provisions and Participant Loan Program issues that affect the issuance and maintenance of loans;
• Top-10 Pointers to ensure compliance with the loan regulations from the IRS and the Dept. of Labor;
• Rules for employees on leave from their jobs;
• Dealing with deemed distributions and problem loan situations when loans go wrong;
• Loan offsets that can be used to settle outstanding loan amounts after termination of employment has occurred.

Given the ever-increasing complexity of rules and regulations governing retirement plan operations, the Loan Administrator Certificate Program is intended to support all levels of practitioners in the ongoing effort to stay up-to-date with the latest compliance requirements. The program also includes sample documentation and best practice recommendations to help practitioners in benchmarking for best practices regarding loan management.