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View More Press Releases by National Association of Plan Advisors [NAPA]

Press Release

NAPA Launches Exclusive NQPA Credential for Advisors

Issued by National Association of Plan Advisors [NAPA]

Sept. 21, 2022

ARLINGTON, VA — As employers look for creative ways to recruit and retain talent in the wake of the Great Resignation, they are increasingly looking to so-called nonqualified plan designs – and the National Association of Plan Advisors (NAPA) has launched a new certificate program designed to help advisors educate and evaluate those alternatives.

The Nonqualified Plan Advisor (NQPA™) Credential – developed by some of the nation’s leading advisors and retirement plan experts – demonstrates an advisor’s knowledge, expertise, and commitment to working with nonqualified deferred-compensation and executive-compensation plans. Advisors who earn their NQPA™ credential demonstrate the expertise to advise employers on nonqualified plan design and plan financing.

NAPA provides study materials to help individuals prepare for the NQPA™ certification exam.  It includes a Plan Fundamentals online course that includes nonqualified plan tax considerations and plan financing, as well as plan marketing and implementation.  The Advanced Plan Design module deals with employer incentive and equity plans, life insurance and informal funding of nonqualified plans, nonprofits and rabbi trusts, as well as practical case studies.  Each part is comprised of 5 (five) interactive modules, followed by a 50- question assessment.

“Attracting and retaining the unique talent sets of the C-Suite require programs that go beyond profit-sharing and 401(k) programs, noted Jeff Acheson, Certified Private Wealth Advisor®, Advanced Strategies Group, and one of the authors of the NQPA program.  “Nonqualified plans provide the flexibility in design and funding to fit the shifting needs of every organization.  We are pleased to be able to expand an informed awareness and reach of these vital benefit programs through the National Association of Plan Advisors.” 

While there is a modest cost for the exam, the program itself is available at no cost to NAPA advisor members thanks to the generous support of our education program sponsors; NFP, Broadridge, Equitable, Fulcrum Partners, MassMutual, New York Life, Newport, New York Life, the Pangburn Group, Principal, and Protective. Additional information is available online.

About the National Association of Plan Advisors

The National Association of Plan Advisors was created by and for retirement plan advisors. Membership is also open to other retirement industry professionals who support the interests of plan advisors. NAPA is the only advocacy group exclusively focused on the issues that matter to retirement plan advisors. NAPA is part of the American Retirement Association, based in the Washington, D.C. area. More information about NAPA is available at napa-net.org.

View More Press Releases by National Association of Plan Advisors [NAPA]


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