John Smith Posted May 25, 2021 Report Share Posted May 25, 2021 Can any one help with the information? I wanted to be certified as QKA. How one can become QKA. What is the steps? How many there are? How much time and study it requires? Thank you very much! Link to comment Share on other sites More sharing options...
C. B. Zeller Posted May 25, 2021 Report Share Posted May 25, 2021 Most of your questions are answered here: https://asppaqka.org/#faqs When I took DC-1 and DC-2 I spent probably 30-40 hours studying for each one. However they changed the format and those exams aren't offered any more. I don't know how that compares to the new exams. Free advice is worth what you paid for it. Do not rely on the information provided in this post for any purpose, including (but not limited to): tax planning, compliance with ERISA or the IRC, investing or other forms of fortune-telling, bird identification, relationship advice, or spiritual guidance. Corey B. Zeller, MSEA, CPC, QPA, QKA Preferred Pension Planning Corp.corey@pppc.co Link to comment Share on other sites More sharing options...
BG5150 Posted May 25, 2021 Report Share Posted May 25, 2021 Step 1: check the ASPPA website Step 2: check with your Employer. Will they cover the costs, or part of them? Step 3: As for study time, I guess it would depend on your experience. My co-worker is doing through the exams now. He's been in the business a long time, so a lot of the material is review. If you've only been around for a few years, there will be a lot more you will have to learn rather than just brush up on. I believe there are two exam packages. Each contains several modules that you must complete (with 80% assessment scores on each), a practice test and the exam. The materials are good for 6 months from the day you buy a package. Everything is online, no pdf's like in the old days, nor paper manuals as in the old, old days. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left. Link to comment Share on other sites More sharing options...
hnh93 Posted May 25, 2021 Report Share Posted May 25, 2021 I obtained my QKA through ASPPA's new program last year. It consisted of two separate courses and final exams: the QKA-1 and QKA-2. Each had 9 online course modules going through the various retirement plan topics. You can find a breakdown of the topics in the link provided by C.B. Zeller. The courses themselves are not required to take the QKA exams, but I'm sure I had a much easier time with the final exams because I went through the courses. I spent anywhere from 1-3 hours per module depending on the complexity of the topic, including study time outside of the online course. I was originally studying for the DC-1, then when ASPPA introduced the new QKA program, I chose to move forward with the new program instead. I believe the legacy (DC-1 and DC-2) program will also no longer be available after the end of June this year. You will need to take and pass the Retirement Plan Fundamentals (RPF) course in addition to the QKA exams, unless you have at least 3 years of retirement plan administration experience. steve45 and Bill Presson 2 Link to comment Share on other sites More sharing options...
mbvs Posted May 25, 2021 Report Share Posted May 25, 2021 The newly designed programs are great! Here is the link. https://www.asppa.org/professional-development/credentials-and-certificates Link to comment Share on other sites More sharing options...
C. B. Zeller Posted May 25, 2021 Report Share Posted May 25, 2021 3 hours ago, BG5150 said: The materials are good for 6 months from the day you buy a package. Everything is online, no pdf's like in the old days, nor paper manuals as in the old, old days. That's a shame. I kept my study guides as reference materials and referred back to them frequently for years after passing the exams. Free advice is worth what you paid for it. Do not rely on the information provided in this post for any purpose, including (but not limited to): tax planning, compliance with ERISA or the IRC, investing or other forms of fortune-telling, bird identification, relationship advice, or spiritual guidance. Corey B. Zeller, MSEA, CPC, QPA, QKA Preferred Pension Planning Corp.corey@pppc.co Link to comment Share on other sites More sharing options...
Gilmore Posted May 25, 2021 Report Share Posted May 25, 2021 Microsoft OneNote was a great help when I was studying for the CPC. I used OneNote to organize all the pdf study guides, practice tests, and any other sources I used and as CB says, I still refer to those notes. Link to comment Share on other sites More sharing options...
John Smith Posted May 26, 2021 Author Report Share Posted May 26, 2021 Thank you so much guys for your response! Now, I have got some idea which way I should move forward. I will prepare my plan next few weeks. Thank you once again! Link to comment Share on other sites More sharing options...
RatherBeGolfing Posted May 28, 2021 Report Share Posted May 28, 2021 I'll second OneNote or other method of outlining the material. You will retain so much information by just making the outline. The absolute best way to do it is to first do a handwritten outline, as it helps your brain organize the material you are reading and taking notes on. Link to comment Share on other sites More sharing options...
BG5150 Posted May 28, 2021 Report Share Posted May 28, 2021 I use Evernote. Same concept. QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left. Link to comment Share on other sites More sharing options...
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