Flexible contributions that vary based on the company’s profits, and if no profits are made, then no contributions are made either. These plans have much higher max annual contribution limits than 401ks and other employer retirement plans.
CFP® certification is a voluntary certification granted in the United States by Certified Financial Planner Board of Standards, Inc. It is recognized in the United States and a number of other countries for its (1) high standard of professional education; (2) stringent code of conduct and standards of practice; and (3) ethical requirements that govern professional engagements with clients. Individuals who become certified are required to complete continuing education.