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WorldatWork B2 Exam is a certification exam that focuses on retirement plans design considerations and administration. B2 exam is designed to test the candidate's knowledge, skills, and competencies related to retirement plans design, funding, and administration. B2 exam is developed and administered by WorldatWork, a global non-profit professional organization that focuses on human resources, total rewards, and work-life effectiveness.
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The B2 Exam is divided into four main sections: Retirement Plan Design, Retirement Plan Compliance and Administration, Employee Communications and Engagement, and Retirement Plan Governance. These sections cover a wide range of topics, including plan design considerations, fiduciary obligations, plan compliance, employee communication and education, investment management, and more.
WorldatWork B2 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Compliance and Governance | - Plan documentation and reporting - Regulatory frameworks and legal requirements - Fiduciary responsibilities |
| Defined Benefit Plan Administration | - Funding requirements and actuarial assumptions - Vesting and eligibility rules - Benefit formulas and accrual methods |
| Defined Contribution Plan Administration | - Contribution structures - Distribution rules and withdrawals - Investment options and participant responsibility |
| Retirement Plan Fundamentals | - Types of retirement plans (DB vs DC) - Overview of retirement income systems |
| Plan Design Considerations | - Employee demographics and participation factors - Design objectives and employer strategy alignment - Cost management and funding considerations |
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