Text/HTML


Tax-Exempt & Governmental Plan Consultant-2 (TGPC-2)


This exam builds on content covered by the TGPC-1 exam. The TGPC-1 exam is a prerequisite for taking the TGPC-2 exam and earning the TGPC credential

 

The program focuses on technical education for those typically involved in consulting, sales and/or marketing of tax-exempt and governmental plans. Topics include 403(b) plans, 457 plans, fiduciary standards and responsibilities, governmental plans, traditional IRAs and Roth IRAs, religious organizations' plans, and ethics and professional responsibility. 

 

Please refer to the syllabus for specific learning objectives and exam topic weightings.

 

 Fall 2017 Proctored Exam  

 

Exam Details

 

  • 65 multiple choice questions
  • 2.5 hour time limit
  • Proctored (at any Prometric testing center)
  • Immediate grade notification


Average Estimated Hours of Study

40 to 60 hours of study time per exam (depends greatly on the experience level of the student).


Proctored Exams

Exams are given at Prometric testing centers during the examination window. Eligibility emails will be sent to registered candidates beginning approximately eight weeks prior to the opening of an exam window. The eligibility email has detailed instructions on scheduling an appointment with Prometric. It is the candidate’s responsibility to schedule an exam. We strongly recommend scheduling an appointment upon receipt of the confirmation letter, as testing centers fill up quickly. To find a Prometric testing center, visit www.prometric.com/ara.

 

Grading Process

Candidates will receive a grade immediately upon completing the exam. Notification for examinations will include a score of 9, 8 or 7 (passing grade) or 6, 5 or 3 (failing grade). A score of 3 indicates that no points were credited; the candidate’s performance was below the minimum acceptable standards. The score report contains a topic listing which indicates “needs work” for any topic where the candidate scored less than 70% correct. Raw scores, spreads between scores, pass marks, pass percentages and copies of questions are not released. The NTSA office is permitted to provide grade information only in writing; grades will not be provided by telephone, email or fax. Candidates who wish to have their grades sent to anyone other than themselves must fill out a Grade Release Form.

 

Exam Versions

In order to allow candidates two opportunities each year to pass the TGPC-2 exam, there are two versions of the exam (Spring and Fall). Candidates can only take the same version of the exam once per program year. If a candidate fails one version, he or she can purchase and take the second version in the same calendar year. If a candidate fails both versions of the exam in the same calendar year, the candidate will be required to wait to complete the exam until the next year.

 

Candidate examination records are aggregated; therefore, an exam(s) will be disqualified if a candidate completes the same version of the exam in the same calendar year.

 


Exam Errata, Policies and Procedures

It is the candidate’s responsibility to review all exam policies and procedures, which can be found on Candidate Corner.

 

It is also the candidate’s responsibility to check the errata before an exam. For updates and errata for exams and publications please visit the Publications and Examinations Errata. Stop by regularly as new updates are posted. 

BACK TO TOP

 

Fees and Deadlines

 

Proctored Exam Registration

Member Rate*

Non-Member Rate*

Registration Due Date

Early Registration (Spring)

$251

$278

March 31, 2017

Final Registration (Spring)

$334

$361

May 26, 2017

Early Registration (Fall)

$251

$278

Sept. 15, 2017

Final Registration (Fall)

$334

$361

Oct. 27, 2017


*The registration fee is non-refundable.

Exam Windows

Practice Exam Access

Jan. 4 – Dec. 13

Spring Exam Window

April 4 – June 30

Spring Postponement Deadline

June 5

Fall Exam Window

Aug. 1 – Dec. 8

Fall Postponement Deadline

Nov. 17


Registration Process

BACK TO TOP

Study Materials

Required Reading

The Source: 403(b) and 457 Plans - Sixth Edition. Arlington, Va.; ASPPA, 2017 

Elegant Ethical Solutions by Lauren Bloom

The following readings are provided at the end of the syllabus:

  • “Pension Protection Act–Impact on Governmental Plans,” Volume 29: Issue 65, September 8, 2006. Buck Consultants, an ACS company.
  • Swisher, Pete. “Investment Policy Statement.” Excerpted and adapted from 401(K) FIDUCIARY GOVERNANCE: AN ADVISOR’S GUIDE, 3RD EDITION. Arlington, VA: ASPPA, 2012.
  • Swisher, Pete. “Understanding Plan Fees.” Excerpted and adapted from 401(K) FIDUCIARY GOVERNANCE: AN ADVISOR’S GUIDE, 3RD EDITION. Arlington, VA: ASPPA, 2012.
  • ASPPA Code of Professional Conduct

Additional Study Tools

The study tools below are not required preparation for the TGPC-2 examination. They are offered as additional study aids. 

TGPC-2 Practice Exams:

 Online – Single Attempt

Online – 3 Attempts

Online – Unlimited Users (3 attempts each)

Distributable PDF

BACK TO TOP

Continuing Education (CE) Credits

NTSA CE

Candidates who have successfully completed a proctored examination can earn up to 20 CE credits depending on the score received. Credits will be applied to the CE cycle in which the score is issued. For more information on examination CE credits click here.

ERPA CE

Twenty (20) ERPA credits for successful completion of the TGPC-2 exam may be awarded.

IRS ERPA Credit Program Number: CZTXU-Q-00007-12-S

The final decision as to the number of ERPA credits rests solely with the Internal Revenue Service.

BACK TO TOP

Grandfathering Rules

Master Certified Retirement Specialist (MCRS)

An MCRS will need to complete the credentialed membership application to apply for the TGPC credential (you will be notified when the credential is awarded).

BACK TO TOP

DNN Web Control Container

0