Retirement Income Certified Professional (RICP): A professional designation awarded by The American College of Financial Services to individuals who demonstrate an enhanced ability to provide retirement income planning advice. With a RICP certification, advisors are better equipped to advise clients on retirement planning strategies such as asset allocations, Social Security optimization, insurance plans, and annuities. The goal of earning a RICP is to ensure that retirees receive the best possible income and financial security during their golden years.