Scottsdale, AZ, December 12, 2009 --(PR.com
)-- The Institute of Business and Finance (IBF) recently awarded Stephen Lomsdalen with the only nationally recognized retirement designation, CIS (Certified Income Specialist). This graduate-level designation is conferred upon candidates who complete a one-year educational program focusing on fixed-income instruments, retirement and financial planning, taxes, Medicare, withdrawal plans, stretch IRAs, and reverse mortgages.
CIS designation requires mastery of Social Security and its programs, balanced growth, cash equivalents, fixing any income shortfall, home health care, real estate, surviving a bear market, plus accumulation and distribution concerns. According to IBF, "Members of the financial services community are taught how to help their clients accumulate assets. What has always been missing is comprehensive and unbiased information as to how to turn assets into a stream of reliable income. The CIS Program addresses these issues and provides the answers."
The student must pass three comprehensive exams and a written case study as well as adhere to the IBF Code of Ethics and IBF Standards of Practice as well as fulfill annual continuing education requirements. The CIS Designation is designed for brokers and advisors who have clients that are seeking current income