No Picture
General Article

The Need for Insurance Producer’s Continuing Education

The Need for Insurance Producer’s Continuing Education

Education is considered the backbone of the insurance and financial industries. Agents, brokers, and producers all need to be knowledgeable in their products, services, and industry trends. Many times they are solely responsible for the decisions their clients make. Their clients rely on their information and knowledge to do what’s best for themselves and their families. Continuing education is meant to keep brokers and agents up to date on the latest industry information, any new laws and regulations, and any new products available to their clients. It is a highly regulated industry and education is very important to the State Department of Insurance and Financial Regulations.

Every state requires a different amount of continuing education credits. Some ask their agents to complete a certain amount of credits every year, while others require every two years. Please check with your state or an approved insurance education provider for more details. An approved provider can let you know when your education is due and what classes to take. Make sure to complete all of your insurance continuing education courses by your compliance period to avoid any state fines. Continuing education is required by state law, but it really does benefit the agent’s completing it. They learn a lot in the courses they take which allows them to sell more policies to their clients. The more they sell the more money they make.

Continuing education can be completed a couple different formats. An agent can choose to do it online or in a classroom. Online education covers courses such as: ethics, annuities, and long term care. Each state requires an agent to take specific courses depending on which license they hold. For instance, California requires anyone selling Long Term Care to take at least eight hours every two years. This is common in most states. Another common course is ethics. It is very important insurance professionals act ethical to their clients and the companies they work for.

As you can see it is imperative for states to require insurance professionals to complete continuing education. It benefits the agent, the insurance company they represent, and the clients they serve. Clients can be assured their agent is knowledgeable and knows what they are talking about. They know the products being offered are the latest on the market and most beneficial to their needs. Education provides the knowledge insurance producers need to be successful and help serve their clients the best way possible.…

No Picture
General Article

Ethics Continuing Education: Protecting Patients From Harm

Ethics Continuing Education: Protecting Patients From Harm

For professionals involved in the world of psychotherapy, ethics continuing education is vital to a thriving practice. Forgetting the codes that every therapist must adhere to is simply not an option for anyone who wants to continue to grow professionally. One mistake could lead to the loss of your license or a malpractice suit. There are clear lines when it comes to how patients should be treated and the ethical considerations that every therapist needs to adhere to. By furthering your learning in this area and keeping up with the latest in research and development, you can ensure that the line is never crossed.

As a matter of professional conduct, all psychologists will follow the APA’s guidelines for ethical considerations. As a professional, all ethics continuing education will at least touch upon the foundational base developed by the APA. These foundational aspects include striving for beneficence and nonmalfeasance in the treatment of patients, incorporating fidelity and responsibility into the therapy, integrity, a sense of justice, and an ongoing and unwavering respect for the rights of patients and other people. It is through further learning classes that a psychologist can understand what it meant by this code and how it applies to various situations that could arise in a practice.

Naturally any ethics continuing education class is going to have to address the issue of confidentiality, which is central to any therapist’s practice. Clearly, when a patient goes to see a psychologist, they expect that everything that is said will remain between themselves and their counselor. But this is an area many therapists struggle with. When there is a danger to the patient or another person, the therapist finds themselves in a tough position. The law provides for the breaking of confidentiality in those instances, but it can be difficult to determine when exactly that point has been reached. Many patients go to therapy feeling suicidal. Is the confidentiality pact already null and void? Where does it begin and end. These are the questions every therapist will have to address throughout their career.

As with any issues, ethics continuing education should enrich a professionals approach to their field and give them a wider base of knowledge from which to work. While required by certain states, even those therapists who are not required to seek the credits should do all they can to stay up on the latest news and research as it pertains to ethical considerations in their field.…

No Picture
Primary Education

All About Soccer Drills

As we all know, soccer is the most popular sport in the world. Millions of people from all walks of life enjoy watching it because it is exciting. To master all skills of the game, it takes some effort and dedication from a player. There are a few drills that anyone can use to improve on his/her soccer skills. In fact, most of them are tailored with the amateur in mind.
Controlling the ball
To do this, one needs to have a partner and if not, a rebound board. Having control of the ball is very important because once one is able to take full control of the ball; he/she can be able to learn the next move. The player learning ball control spends time kicking the ball off the rebound board and trying as much as he/she can to control it when it comes back. The secret is using just one touch to kill the speed. Once one is able to control the ball effectively with the feet, it will also be possible to control it with other parts of the body like the chest and also the knees.
Passing the ball
This is another very important drill that each and every football player should know. This should be done by standing ten feet apart and trying to pass the ball to the next person. Once the ball arrives at one player, he/she should try to pass it to the next person as fast as possible. With more progress, the players can move further apart and continue with the drill until they become efficient. Both passing and controlling the ball are fundamentals and therefore each soccer player should be good at them.
Heading the ball
This drill requires two players and one ball. One player throws the ball into the air to the other player who heads it back. Both players should take chances to practice so that they both become good at it.
Dribbling the ball
This drill needs a few cones and a ball and it can be done by as many players as possible. The cones should be set out in a straight line approximately 4 or 5 feet apart. The players should take turns running with the ball between the cones and at the same time keeping the ball really close to the feet and under control. The players should increase on the speed so as to be able to perfect their dribbling skills because they are important when tackling opposition.
Once the players have perfected dribbling between the cones, it is important to set small opposition teams so as to be able to know how to get past another player. One player takes on a defender’s role and tries to stop the other. An area should be marked in which the players must remain. Any coach watching should from that point will get an idea of who are his/her best strikers and defenders too. The above drills are in most cases used on players who are beginning to play soccer. However, even advanced players in the game still use them for regular practice.…

No Picture
General Article

Top 5 Things to Look Out For in Online Continuing Education

Top 5 Things to Look Out For in Online Continuing Education

We now live in a world where competition is everything; even kindergartners are taught at an early age that no one should settle for second best. More often than not, the people who most likely succeed in this world are those who have the most education. I think we all agree that getting continuing medical education is vital if we want to climb the career ladder; I guess the biggest question is “How?” How can medical professionals – with our crazy work and family schedules – get our hands on continuing education? We do not even have enough time for ourselves, let alone going back to school. The answer is online continuing education. It is the single best way to get CME credits while balancing work and family life.

Online continuing education has certainly taken advantage of everything the Internet has to offer – electronic mails, chat boxes, virtual classrooms, and message boards. With all these technologies at hand, online continuing education has brought the school environment from the campus to your computers. From worrying about how to get to your school on time for your classes, all you need to think about is where to get access to the internet; which is practically in every corner.

Degree and certification programs are definitely available with online continuing education. There is just a wide array of programs out there for anyone and everyone. Online CME can also help you with your maintenance of certification as CME credits are required for MOC. To make sure you get the most of this technology, here are five things you should consider when going for online continuing education:

1. Accreditation – This is probably the most important thing you need to look out for when getting in to online continuing education. You need to make sure that the CME provider online is accredited and is accredited by the right organization.

2. Cost – You also might want to check how many credit hour you will receive for you dollars. Some online continuing education courses are offered without charge because they are sponsored by pharmaceutical companies or medical device manufacturers. Other course are at a rather low cost per CME hour while some may relatively high cost.

3. Additional Charges – There are some online continuing education courses that say they are “free.” However, in order to receive credit for taking the course and to submit those CME hours, there will be a fee charged on the back end. Always read the details carefully and make sure that when you find a free online CME program that it is truly free with no additional charges.

4. Schedule – Choose online continuing education providers that can work with your flexible schedule. After all, that is the main reason why you preferred online CME over a live, on-location program.

5. Is It Truly “Online?” – You also need to verify if the program they offer is purely internet-based or if you need to go on-site from time to time. You need to know all these so you can arrange your schedule ahead of time.

Online continuing education is certainly heaven-sent for medical professionals. It is the best way to attain CME credits without sacrificing work hours.…

No Picture
General Article

Tax CPE Needed to Resolve Some Dependent Student Situations

Tax CPE Needed to Resolve Some Dependent Student Situations

Preparing for unusual tax scenarios is part of the training for enrolled agents. In fact, the ability to handle uncommon situations is an important selling point for a tax practitioner. One matter that allows you to prove the extent of your tax knowledge involves student dependents that are not children of taxpayers they live with.

These cases can arise, for example, with grandchildren, nieces and nephews. In fact, students who don’t live with nor receive support from their parents are more likely to have college scholarships. This allows you to put completion of your enrolled agent continuing education requirements to work solving problems. Correctly addressing the tax ramifications for these individuals represents a valuable service.

Plenty of questions on the enrolled agent exam deal with student scholarship money. These amounts are not taxable income when used for tuition and fees as well as schools books, equipment and supplies. However, any excess not used for these purposes is taxed. That taxable amount includes scholarship funds applied to room and board.

But an interesting wrinkle in the tax CPE covering scholarships is that these funds are considered when making support test calculations. Scholarship funds are excluded from support test determination only when the student is a dependent child of the taxpayer. For this purpose, a child includes stepchildren, foster children and adopted children.

However, descendants of children – such as grandchildren – are not entitled to this exemption. Their scholarships are included in determining how much they contribute to their own support. Consequently, scholarships can affect students so that they no longer are eligible as dependency exemptions for taxpayers they live with. To qualify as a dependent, the taxpayer must have provided more than half of the person’s support.

There is some caution required in using the worksheet provided by the IRS for calculating the support test. This worksheet allows you to exclude as income for the person supported any “amount others provided for the person’s support.” There is room for debate about whether a scholarship comes from others or is the student’s own income (despite being non-taxable).

In addition, the taxpayer with whom a student lives may become ineligible for Head of Household filing status due to scholarship funds. This can occur is the student’s scholarship money pays for a significant portion of the cost to maintain the taxpayer’s home. That might occur when the student chooses to contribute scholarship funds intended for room and board toward the upkeep of a relative’s home where the student lives. Head of Household status requires a taxpayer to pay at least half the cost of maintaining a home. This test can fail due to a combination of public assistance and family funds – including from the student’s scholarship.

A reasonable and methodical approach is obviously required for situations of dependent students with scholarship income. The thought process for each case is an extension of enrolled agent continuing education. So these are examples to point out as why enrolled agents possess the high level of expertise that many taxpayers need.

IRS Circular 230 Disclosure

Pursuant to the requirements of the Internal Revenue Service Circular 230, we inform you that, to the extent any advice relating to a Federal tax issue is contained in this communication, including in any attachments, it was not written or intended to be used, and cannot be used, for the purpose of (a) avoiding any tax related penalties that may be imposed on you or any other person under the Internal Revenue Code, or (b) promoting, marketing or recommending to another person any transaction or matter addressed in this communication.…

No Picture
Education Current Events

Why Professionals Trade Options and Why Retail Investors Should Too

It is time for you to dismiss the “options are too risky” sentiment and truly see why quite a few investors actually trade them. Contrary to everyday opinion, options can be employed in less risky ways when used appropriately. In fact, that’s the reason why they were developed – to help reduce risk in investment portfolios.
Stock options can be adjusted to work in any situation. Options can be used anytime and anywhere. With options, you can invest in the short-term or hold to invest for the long-term. Therefore, it really does not matter if you need the capital for your child’s college tuition or for retirement.
Although, the concept of options are very similar to stocks — in that you can make money when the markets go up and lose money when the markets go down — trading options give you more opportunities to profit. That means you can make money if the stock goes down, up, or absolutely no where. With that said, investors can use the unique abilities of options to be a complimentary portion of their portfolio or the main portfolio appreciation investment vehicle.
The benefits of options:
A. Reduces Risk – By using options, you can effectively reduce your portfolio risk. Using options are one of the only ways that a retail investor can protect themselves from markets that move against them. Strategies like the Broken Wing Butterfly and Unbalanced Condor limit trading risk while giving investors a high probability of profit.
B. Leverage – You can control 100 shares of XYZ company for a minimal amount of capital as opposed to purchasing the shares outright. In the end, you benefit from adjustments in the stock prices without actually purchasing the stock.
C. Cash Flow Generation – You could create a consistent cash flow through existing owned underlying. That means, you can sell covered calls against your portfolio if you feel that the underlying will depreciate or remain stagnant.
D. Insurance – As mentioned previously, options can protect you from markets that move against you. By purchasing a “put option” for every 100 shares of the underlying stock that you own, you can effectively protect your holdings from downward moves.
E. Easy to Get Started – With an internet-enabled computer, anyone can trade options. Commission prices are much cheaper than they were 10 years ago. Most brokers even give you all the tools you need to succeed in options for FREE.
F. No More One Way Trading – That means you can trade anyway that you want. You can play the downside if you choose to. You can also play stagnant markets or place delta-neutral trades.
That is why options are not the risky speculative investments many people perceive them to be. They can be risky if you simply do not have an idea on what you are doing. However, that’s like most things in the world. Once you get past the financial lexicon through education and learning, you can use options in a much safer manner. At that point, you will have the assurance that your portfolio can be safer in any market environment moving forward.…

No Picture
Education In The World

How To Make Your Bar/Bat Mitzvah A Joyous And Anxiety Free Journey – Part 1

As a Bar/Bat Mitzvah tutor for 20 years I have a lot to say about this process. Bar/Bat mitzvah is a very significant occasion. It means a lot to parents who want to share with family, friends and their own parents the continuation of a tradition; the uniqueness of belonging to a particular and unique group. It is a day of joy and happiness and yet, it can also be nerve wrecking for the Bar/Bat mitzvah boy and girl and for their parents.
Of course, it is natural that one would get nervous when he/she stands in front of a hundred and more people, getting all the attention and expected to do a good job and not fail. It is natural. Do we fight it? Do we accept it? What do we do to make it less of an ordeal for the parents or the young man and young woman?
From my experience in tutoring thousands of young adults and adults, and preparing them for that special occasion, I have found that there are ways to minimize the chaos, nervousness, butterflies in the stomach and such like.
For tutors, parents, the Bar Mitzvah Boy and girl; this is for you.
Sometimes parents that ARE temple members will need that extra bit of help if their kid is falling behind for whatever reason. They may just need that little extra push and encouragement. There are times when temple members want their son or daughter to have their Bar/Bat Mitzvah in Israel or a place other than the temple sanctuary. In this case the requirements for the special day are different and more flexible.
For the parents who don’t belong to a temple or choose to have a private Bar/Bat Mitzvah, the options are many. But before I get to talk about those, I would like to put to bed a common myth.
The Myth: It takes FIVE OR MORE YEARS to prepare one for his/her Bar/Bat Mitzvah.
The Truth: The above is NOT true. One can get ready for and do an incredible job within a year to two, depending on: a) how much time one is put into it and. b) How fast one learns. One can learn how to read Hebrew from scratch and be taught all the material he/he would need for their special day in ONE year. It is important to choose the right tutor and the right material.
Let’s start with the right tutor: How does one choose the right tutor? What qualities does one need to look for in a tutor?
The right tutor to aid your son and or daughter on their special journey would have most if not all of the following qualities:
• The most important thing is that your son or daughter likes the tutor and feel comfortable around him/her.
• The tutor is very patient and kind.
• The tutor must have a perfect command of Hebrew; this is very important as every word or line your child will read or chant must be clearly translated for him or her. (Understanding the meaning of words make your child more certain and less anxious.)
• The tutor should have a fun method of learning the chants. When a child has fun with the chanting, it goes faster.
• The tutor needs to be well organized so that everything that needs to be covered is taken account and the child is ready on time without any added stress.
• The tutor should be resourceful, knowledgeable in Jewish/Israel history, Biblical stories, Jewish customs, holidays and philosophy. One has to spice up the Bar/Bat Mitzvah journey with Jewish tradition and soul so that the child enjoys the experience.
Look for part 2 of this series where I will cover the things you and your child will need to really get fully prepared; without stress.…