Massachusetts Securities Licensing
At AB Training Center, we have the courses you need in order to obtain your Series 7 and Series 6/63 licenses.
With our classes, you have the freedom of choosing seminars, self-study, online training, and even audio based learning. By being able to choose the type of class that you prefer, you'll have an easier way of gaining the education you need in order to pass the exams for your license. There's no better time than now to take full advantage of all the training courses we have to offer.
The state's economy may be as diverse and as vast as the history in Massachusetts. With successful industries in tourism, agriculture, textiles and clothing, leather production, and more, it's no wonder that Massachusetts is one of the most sought after states for real estate. With so much demand in every sector of the state, there has also been a high increase in those needing securities training and licenses.
AB training center currently offers courses in Boston, Cambridge, Lowell, New Bedford, Quincy, Springfield, and more. To find out more about the training courses we have to offer in your area, please contact us today.
Find Massachusetts Series 7 Training Courses
To find Series 7, Series 6, or Series 63 exam training in Massachusetts, either click a Recommended Course below or use the search box. Good luck on your exam! |
More About Payroll PaycardsLegal Issues For Paycard ProgramsWhenever an employer pays an employee there are legal requirements that must be met or at least considered. These requirements depend largely on what state is involved, and include: - Can employers mandate paycards?
- What is considered timely payment in that state?
- What method of payment does the state allow?
- Does the state have any requirements for escheatment?
- Does the state have a "without discount" requirement when cashing payroll checks or when an employee is paid?
- Does the state have paystub requirements that must be met?
- Does the state have laws to protect employees' right to choose a paycard or a payroll check?
Disadvantages Of Direct DepositDespite its many advantages, direct deposit also has a number of disadvantages that employers should consider before implementing a program. Among these disadvantages are: - Employers must regularly update the master file of information on direct deposit participants to make sure that terminated employees are not paid in error. This is one reason why companies with high turnover rates may find direct deposit too administratively burdensome
- It is not "paperless". Employers must still process employee authorization forms and prepare the non-negotiable "pay information statements" that employees receive in lieu of their paychecks
- Direct deposit transfers cannot be easily reversed when errors are made
- The employer loses the "float" on payroll funds - i.e., interest earnings for the period between when a check is issued and when it actually is cleared by the employee's bank
- The payroll processing "windows" may be shortened because of the minimum two-day processing time required for a direct deposit. Scheduling for holidays becomes even more complicated because of the shortened processing period
- Some state laws require the employer to absorb bank service charges the employee may incur as a result of the direct deposit program
For more information about payroll paycards, view our Payroll Operations Training & Certification Program, which is where the information above is excerpted. This course also includes step-by-step strategies on how to set up a paycard program, including how to select a payroll paycard vendor. |
