Curriculum
NAPA provides study materials to help individuals prepare for the NQPA™ certification exam. The NQPA-1: Plan Fundamentals online course, NQPA-2: Advanced Plan Design online course, and the resource guides in each course are the preferred study materials for the examination.
Both online courses are divided into five modules, and each contains a resource guide focused on examination content. Here is the breakdown of the NQPA™ study materials:
NQPA-1: Plan Fundamentals
- NQPA-1 Online Course
- NQPA-1 Resource Guide PDF
- NQPA-1 Assessment
NQPA-2: Advanced Plan Designs
- NQPA-2 Online Course
- NQPA-2 Resource Guide PDF
- NQPA-2 Assessment
Final Exam
- NQPA™ Practice Exam
- NQPA™ Final Exam
Modules
NQPA-1: Plan Fundamentals Online Course
- Module 1: Introducing Nonqualified Plans
- Module 2: Nonqualified Plan Fundamentals
- Module 3: Plan Design Provisions
- Module 4: Nonqualified Plan Tax Considerations and Plan Financing
- Module 5: Plan Marketing and Implementation
NQPA-2: Advanced Plan Designs Online Course
- Module 1: Employer Incentive and Equity Plans
- Module 2: Life Insurance and Informal Funding of Nonqualified Plans
- Module 3: Nonprofits and Rabbi Trusts
- Module 4: Income and Accounting
- Module 5: Practical Case Studies
About The Authors
Jeff Acheson, CPWA®, CFP®, CPFA®, AIF®, CEPA®, NQPA™
Certified Private Wealth Advisor®
Advanced Strategies Group
Barry K. Downey
Smith and Downey, P.A.
Jeff’s 40-year career path in the financial services industry has created a value proposition that is an exceptional and diversified integration of credentialed education, experience-based knowledge, and industry leadership. His fiduciary-based business model focuses on enhancing his ability to be a trusted advisor to high-net-worth individuals, families, businesses and their mission critical employees, retirement plan sponsors and charitable organizations.
Jeff champions a message of the upside opportunities possible for financial professionals who adopt multidisciplinary business models focused on the efficient execution of multifaceted business development strategies. These strategies are aimed at helping financial professionals exponentially grow and diversify their practice capabilities leading to expanded and increased revenue streams which ultimately drive enhanced practice valuations.
- American Retirement Association
- Board of Directors
- Government Affairs Committee
- National Association of Plan Advisors (NAPA)
- Past President
- Past Chairman – Government Affairs Committee
- American Society of Pension Professionals and Actuaries (ASPPA) Member
- Financial Planning Association (FPA) Member
- Investments & Wealth Institute® Member
- Franklin Templeton Retirement Innovation Advisory Council
- Journal of Pension Benefits – Columnist
Barry is a co-founder of Smith & Downey, a U.S. law firm with a national practice concentrating in employee benefits, executive compensation, and labor and employment law.
Barry’s practice deals with all aspects of employee benefits and executive compensation law. He has extensive experience in designing, drafting, and providing advice concerning all types of employee benefit and executive compensation programs. Barry’s clients range from professional and entrepreneurial firms with just a few employees to international conglomerates with hundreds of thousands of employees. He represents publicly traded, privately held, tax-exempt, church related and governmental employers, as well as service firms — such as financial institutions, third-party administrators, benefits consultants, insurance professionals and accounting firms — that provide employers with employee benefits and executive compensation services.
Barry is a co-author of the Nonqualified Deferred Compensation Answer Book, now in its Tenth Edition, published by Wolters Kluwer Legal & Regulatory U.S. (Copyright © 2020 CCH Incorporated).
Since 1995, Barry has received the highest possible peer review ratings from Martindale Hubbell (AV® PreeminentTM) for ethical standards and professional ability. Since 2010, Barry has been peer selected for inclusion in The Best Lawyers in America, Employee Benefits (ERISA) Law, the oldest and most respected peer-review publication in the legal profession.
Frequently Asked Questions
Who can take the NAPA Nonqualified Plan Advisor (NQPA™) Education Program?
- All NAPA Members are eligible to receive a free enrollment code for the NQPA course.
- Non-NAPA Members can receive an enrollment code from an education partner or purchase a NAPA membership to receive their access.
How do I receive an enrollment code?
- NAPA and our education partners have distributed enrollment codes to our members and affiliates to provide access to the NQPA online certificate program. Check your email and spam folders if you have not received your code.
- NAPA members that have not received an enrollment code can request one by emailing Customer Care. Non-members can purchase a NAPA Membership to receive their code.
Is there a cost for the NQPA Education Program?
There is no cost affiliated with the education for NAPA Members or those using an enrollment code, thanks to our Education Sponsors. There will, however, be a cost for the exam.
How long does it take to complete the NQPA Education Program?
- The NQPA™ education program is split into two parts:
- NQPA-1: Plan Fundamentals
- NQPA-2: Advanced Plan Designs
- Learners should expect to spend at least 10 hours of study in each part.
- Each part is comprised of 5 (five) interactive modules, followed by a 50- question assessment.
What content is covered on the NQPA Education Program?
- NQPA-1: Plan Fundamentals
- Introducing Nonqualified Plans
- Nonqualified Plan Fundamentals
- Plan Design Provisions
- Nonqualified Plan Tax Considerations and Plan Financing
- Plan Marketing and Implementation
- NQPA-2: Advanced Plan Designs
- Employer Incentive and Equity Plans
- Life Insurance and Informal Funding of Nonqualified Plans
- Nonprofits and Rabbi Trusts
- Income and Accounting
- Practical Case Studies
How many CE is provided by completing the NQPA™ Education Program?
NQPA-1: PLAN FUNDAMENTALS
ASPPA CE — 7.5
NAPA Relevant — 7.5
NTSA — 7.5
CFP® — 4.0
AIF® – 7.5
ASPPA CE — 7.5
NAPA Relevant — 7.5
NTSA — 7.5
CFP® — 4.0
AIF® – 7.5
NQPA-2: ADVANCED PLAN DESIGNS
ASPPA CE — 8.5
NAPA Relevant — 8.5
NTSA — 8.5
CFP® — 5.0
AIF® – 8.5
Do I have to take both NQPA-1 and NQPA-2 to take the exam?
No, learners are not required to take the education materials to sign up and take the exam. It is strongly recommended that learners take the education because the exam covers materials covered throughout the education.
Is the exam on NQPA-1 or NQPA-2 materials?
The exam covers content found in both NQPA-1 and NQPA-2.
How should I best go about studying?
The best way to study for this exam is to pass both the NQPA-1 and NQPA-2 course assessments, review the Resource Guides, and take the practice exam.
What is the cost of the NQPA credential exam?
- $390 for NAPA Members/Non-Members
NAPA’s Broker-Dealer and RIA Firm Partners are eligible for volume discounts on proctored exams. For more information, please contact SAMTeam@usaretirement.org.
Are there any on-going fees?
- NAPA Credential Maintenance Fees
- $72 (2022) with NAPA Firm Partner*
*Please Note: if you currently hold other designations in other American Retirement Association organizations and add the NQPA, your dues will be different than above. If you are not a NAPA Member and not affiliated with a NAPA Firm Partner, your dues will be different than above. Please contact Customer Care with questions.
How do I apply for my credential?
- Once you have been notified of a passing score on your exam, you will submit your credential application at https://napamember.org/membership
How can I confirm my NQPA™ credential status?
- Names appear on the NAPA Credential Check website in the beginning of the month following when your designation was approved. Example: Your application to earn the NQPA is approved on November 10, 2022. Your name will appear on the NAPA Credential Check website sometime in the first two weeks of December 2022.
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