Senior Suitability

Welcome to Wall Street Instructors’ Senior Suitability continuing education online course. This self-study program has been approved by the Florida Department of Financial Services for 5 credits of intermediate-level continuing education. This course also fulfills the Department’s three-credit requirement on the topic of Annuity Suitability for life-licensed agents. (CE Provider #862 — Course ID #67329)

The study text is offered as an interactive, online course. The course is presented in four chapters and you must complete a study review at the end of each chapter. These study reviews will help you better understand the material presented in each chapter.

After you review the text, you must successfully complete a final examination. This multiple-choice examination is offered online and automatically graded — results are released to you immediately upon completion. Passing grade for this program is 70% correct. The exam is given on the honor system — an outside monitor is NOT needed. Upon successful completion, Wall Street Instructors will send you a certificate of completion for your records and electronically file your results with the Department of Financial Services.

Be sure you have reviewed the study text before taking the final examination. If you do not score 70% or better on the exam, re-examination is available.

This course covers the following topics:

• Types of Annuity Contracts (fixed, indexed and variable)
• Taxation of Annuities
• Annuity Marketplace
• Regulatory Framework
• Types of Annuity Investors
• Investment Objectives
• Determining Annuity Suitability
• State and FINRA Disclosure Requirements
• Agent Responsibilities
• Florida’s Senior Consumer Law

1. 1
   The course is presented in four chapters. Work through each chapter at your own pace using the Study Text link below.
2. 2
   Complete the study review at the end of each chapter. These reviews will help you better understand the material before taking the final exam.
3. 3
   After reviewing all four chapters, complete the self-monitored final examination. Passing score is 70% correct. The exam is given on the “honor system” — an outside monitor is not needed.
4. 4
   Upon successful completion, Wall Street Instructors will send you a certificate of completion for your records and electronically file your CE credits with the Florida Department of Financial Services.