Thursday, May 27, 2010

Continuing my education for promotional purposes

I have been in my current position in my firm now for over three years. I do not find my job challenging enough or if I am honest rewarding enough monetary wise or fulfillment wise. I do not feel excited about coming to work the way I used to only a year ago.

My problem is that my current level of education means I have reached as far as I can go in my particular field. The new “kids on the block” who join our firm straight from university have degrees coming out of their ears. The only thing they lack is experience but this can be accumulated within a couple of years. I have done some research and within two years, the latest young high flyer will have accumulated enough experience to side step me. So in as little as two to three years he could be my boss. Whatever I decide to do, I need to do it now.

I need to get an equivalent degree if not a master’s degree.

This would see me into my well-deserved retirement and ensure the younger management members will remain my subordinates. I have to initiate my continuing education program and fast if I wish to fulfill my ambitious plan in the tight time scale. My continuing education means time away from my desk, attending lectures. The written work is no problem as this can be done in the evening at home or in the office if I need to access files etc.

I took no time in contacting the local university. I was shocked to hear I would have to sit an entrance exam if I wish to continue my education. They also insist that I attend a returning to education workshop as it has been so long since I studied.

I had to agree if my continuing education plan was to succeed.

I made all the relevant appointments and carried out a costing exercise of the next two years during my continuing education program. I was now ready to address my boss with my proposal.

I asked for a consultation and it was scheduled for the next day. I also asked for my supervisor to attend the meeting at the latter stage. I also asked a human resource representative to attend. This way any agreements would be done there and then rather than schedule another meeting thus wasting valuable time and resources.

As I imagined it, the meeting went flawlessly. My meticulous planning was a masterpiece. My continuing education plan was now a reality. I do not believe the new younger managers could act so proactively now or in the future, you either have it or not. And I not only have it but very soon I will have a master’s degree that will keep the young pups biting at my heels where they belong.

I would recommend any manager to initiate a continuing education plan of their own if they want to stay ahead of the game. “If you snooze you lose” as the saying goes.

Thursday, May 20, 2010

Continuing Insurance Education for Insurance Agents

It is without doubt that insurance continuing education is one of the best ways through which any company involved in the delivery of these services can push their rating to the next level. This is an important thing fro everyone in this field staring from the managers sitting in the offices to the agents roaming the field in search of clients. One thing that necessitates learning for these people is the ever changing demands of the markets. Because the demands are always changing, it is only logical that the people handling it go for learning so that they will not be caught doing what they understand not. Going for learning does not in any way depict the incompetence of the particular person going for it. The products that are offered by companies in this field change almost every year. You will hear of a new product developed by a company just to net more clients and attend to a wider variety of their needs.

However, the people who are going tom launch and deliver the new services need to be educated on it so as to do it better. How can they launch what they do not understand? The amount of feedback that insurance companies often receive is overwhelming. This information is usually utilized in coming up with better services by incorporating the divergent views and requests of the clients. It is also a way through which the insurers can net new clients to add on the already existing ones. Without proper learning, little can be achieved from this. Companies can find perfectly good tutors to attend to their employees depending on the budget that they have set aside for this. It is possible to get wonderfully good tutors at very low rates. With this there are so many options to choose from. Some states have state requirements that compel people working in this industry to go for courses regularly. This is in the best interest of all. What is good about it is that for such people, and especially when they have so much work to do, they can sign up for online classes and still go on with the learning process. This is one of the cheapest options. The better part of online learning is that apart from the amazingly low costs that you will be charged, you can also go about your daily business normally. You do not have to break your schedule as you will be able to choose the hours that you learn depending on the work that you have at hand. Being in continuing learning will undoubtedly do very good for you. If you want anything good for your firm, then you need to consider this. Otherwise if you sit back, you will left behind by other competing firms who have already embraced and are realizing good results fro their clients. People too know this and they will want to flock where they know that the workers have been made more knowledgeable through additional learning.

insurance continuing education

insurance ce

Thursday, May 13, 2010

Online Teaching Jobs - Continuing Education

Learning isnt something that stops the day we graduate from high school. Today its widely recognized that learning is a lifelong experience. Continuing education aimed at adult learners is an area that educators seeking online teaching jobs might want to consider.

Why do adults enrol in continuing education? First of all, its because they want to learn. This makes online teaching jobs in this field attractive to teachers who prefer to deal with mature, motivated learners.

What do they want to learn? Adult learners may be seeking further qualifications to help them in their career. If you are seeking to specialize within your online teaching jobs, then this may be a niche to consider. Skills that adult learners seek include math skills, language skills and business training. If you can offer help in these areas, there will be people out there seeking assistance.

Alternatively, some adult learners may be aiming to become more well-rounded individuals. Its not uncommon for adults sitting back at some point in their career and having a rethink about their life direction. They may say to themselves that though their career choice was a sensible one, they really wish theyd followed their passionate interest in astronomy, or creative writing, or film studies. If you can tutor or offer courses, then again, there will be people out there who you can help.

The great thing about teaching adults who are seeking to broaden their horizons is that they may not be seeking qualifications. They want to learn about something, but their prospects dont depend on getting certification. That means that your online teaching jobs can focus on the subject in hand, without having to build your online teaching jobs around passing tests and teaching to a curriculum.

Dont forget the silver surfers. Its true that some older people arent computer literate, but these days they are rapidly becoming the exception. Retired people have the time, and often the money, to enrol in courses that will keep their minds stimulated and occupied.

The scope isnt limited to academic subjects only. Online teaching jobs arent just about academic subjects. They can be about feeding peoples passions in all sorts of leisure pursuits and hobbies. If you have the skills and the knowledge then you can pass them on to others. If youre a chess grandmaster or an expert gardener, these are all skills you can impart online.

There are teachers who can teach anything to anyone, but many teachers have a preference of some kind. For some that is engaging with primary school children. For others it might be college students. Learners in different sectors have very different needs and aims. If you think that adult education might be a field that you would like to specialize in, its certainly possible to do that. As jobs get tighter, mature students are more abundant. The importance of keeping your brain busy after retirement is more apparent than ever before. Online teaching jobs that cater for adults, or for older people, could be a rewarding career choice.

Wednesday, May 5, 2010

Insurance Continuing Education - IRS Penalties on Annuities

No matter what type of annuity you purchase, it is subject to a 10 percent IRS penalty for withdrawals of growth of income made prior to age 59 . No penalty is imposed on one's principal, i.e. the money put in by the owner is the owners money.

It makes no difference how old the annuitant (or owner) of the contract is, if they die then there is no penalty. Also, the Section 72 of the IRS Code states that the penalty is waived if the annuitant (or owner) is disabled. Generally, it must be the death or disability of the annuitant, not the contract owner or beneficiary, except where the contract is owner-driven, in which case all IRS penalties will be waived upon death or disability of the owner.

If the contract is annuitized, it will avoid penalty, but such annuitization must be elected by the contract owner within one year after investing in the annuity.

The age of the owner does not have to be 59 , indeed it is irrelevant.

The final way in which the 10 percent IRS penalty can be avoided is the contract owner being age 59 1/2 or older.

Because of these penalties, annuities are usually recommended for younger people unless it is part of a retirement plan such as an IRA or pension plan or profit-sharing plan. Of course, there is always the exception of the person who has sufficient funds so that they would not have to touch the funds in case of an emergency. Annuities are ideal candidates for the investor who is near or past age 591/2.

Unless the contract is owner-driven, the owner can be any age, from newborn to centenarian. But even with the penalty, it could still make good sense for a young person(s) but would depend upon how soon the money is withdrawn and the assumed rate of growth.

Inside an annuity, the contract-holders money will grow and compound tax-deferred, not tax-free. To say it another way, any and all income tax liability can be postponed indefinitely. The death of one spouse will not trigger income taxes provided that the beneficiary was the surviving spouse. What happens when the surviving spouse remarries? The survivor can name themselves as the beneficiary and can name a new partner as the annuitant. When the last spouse dies, the beneficiary(s) can postpone taxes for up to an additional five years.

Income taxes are always due in the year in which income or growth of the fund is received. The return of principal is never taxed, regardless of who receives the money. The amount of taxes on the growth will be based on the tax bracket of the person receiving the funds. Unfortunately the taxable portion is always considered as ordinary income, and does not qualify for capital gains treatment.

As is obvious, taxes will have to be paid at some time or other. This may be considered as a negative but perhaps it is not all bad. For instance, the owner of the annuity decides when withdrawals are to be made. Therefore, one would attempt to take out the money when they are at the lowest income tax bracket, i.e. their income is the lowest. Frequently this is when the person retires.