Series 24: Savings Incentive Match PLan For Employees (SIMPLE) Plan

Taken from our Series 24 - FINRA General Principal Qualification Examination

Definition of the term Savings Incentive Match PLan For Employees (SIMPLE) Plan...

retirement plan that can be used by small businesses with 100 or fewer employees. Under this play, employers can elect to make a mandatory 2% retirement account contribution to all employees or an optional matching contribution of up to 3% of the employee’s compensation.

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Thank you Solomon! I was able to pass the SIE, 7, 63 and 24 in a relatively short time period. The practice exams with answers really helped and when I had a question for The Professor, I always received a quick and accurate response. Solomon is definitely the way to go.

Seth Schader, CCO, Mercer Island, WA

I would like to say that Solomon test prep had the most varied and comprehensive test bank I have seen. The questions ranged in difficulty and the answer feedback was so detailed, that I felt that I was mastering concepts rather than trying to pin down certain facts in a question just to get the 'one,' answer. I saw many iterations of the sample examinations, and with the courage to keep clicking next and learning, I passed with a score I'm more than happy to claim. Also, the staff are very responsive. I'll be coming back.

Neil, San Diego, CA

Studying for the 24 was not easy. I felt Solomon's course materials and online portal prepared me well for passing the exam in the first try. The study material was NOT overwhelmingly thrown together and I found the study program to be manageable and focused. Got me through the study period of about 4-5 weeks. I would recommend Solomon over the other courses.

Ajay A, CT, Series 24

Taking the Series 24 class with Karen Solomon this week helped reinforce the data that I learned, and I passed my exam! The material was thorough and the exam simulator was an excellent tool to test your knowledge. Thank you Karen!

Karen Lessard, Concorde Investment Service Frisco, TX

Between September 18 and December 3, I took exams for the Series 62, 63, 6 and 24. I studied for everything with Solomon, and passed them all on the first try. Solomon’s interactive/Ask the Professor teaching method was extremely helpful in grasping the necessary concepts. What a relief to be done. Thanks, Karen!

Karen H, Dalkeith Group, High Falls, NY

Recently passed the Series 24 Exam. I owe it to the Solomon Exam Prep series. The format of study and testing preparation was easy to follow and comprehend. I had taken the exam before and used study material through a different provider. It did not give me the sense of readiness in the "connection of the dots" and time-management like the Solomon series did. Such a relief to see the word PASS.

Hope Brackin, Cambridge Investment Research, Inc., Auburn, AL