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What is required in order to sell 401(k) plans in your State.
Many agents would like to work this market but believe that you HAVE to have a securities license. In many states, like Georgia where I am, all you need is a life insurance license.
But since the UNITED States of America is very dis-united when it comes to common insurance licensing practice, I'm sure it's different in other states.
Do you sell 401(k) plans? Why not?
What license is required in your State, if you wanted to sell them?
Note: The reason I'm asking is that many folks (especially the neophytes) believe that pension rep's have this market tied up.... NOT TRUE.
Or... they believe that you must have a Series 6 or 7 license... NOT TRUE (speaking only for Georgia)
I LOVE 401(k) plans. The rep's from the carriers do all the work, you get a decent commission that goes up every year and NO ONE EVER CALLS for service.... it is the very best of all worlds.
Many agents would like to work this market but believe that you HAVE to have a securities license. In many states, like Georgia where I am, all you need is a life insurance license.
But since the UNITED States of America is very dis-united when it comes to common insurance licensing practice, I'm sure it's different in other states.
Do you sell 401(k) plans? Why not?
What license is required in your State, if you wanted to sell them?
Note: The reason I'm asking is that many folks (especially the neophytes) believe that pension rep's have this market tied up.... NOT TRUE.
Or... they believe that you must have a Series 6 or 7 license... NOT TRUE (speaking only for Georgia)
I LOVE 401(k) plans. The rep's from the carriers do all the work, you get a decent commission that goes up every year and NO ONE EVER CALLS for service.... it is the very best of all worlds.