Joint Board requests applications for next term of advisory committee The Joint Board is accepting applications for the next term of the Advisory Committee on Actuarial Examinations. The term of appointment is March 1, 2025 – February 28, 2027. The Advisory Committee’s responsibilities include recommending topics for inclusion in the Joint Board’s examinations, developing and reviewing examination questions, and recommending pass scores for Joint Board examinations. Service on the Advisory Committee provides a unique opportunity to contribute to the enrolled actuary profession. In addition, members are awarded CPE credit for their service. For additional information about the Advisory Committee and the application process, please see the Request for Applications notice PDF. Applications must be received by December 6, 2024. Joint Board extends waiver of physical presence requirement for continuing professional education programs The Joint Board for the Enrollment of Actuaries has retroactively extended the temporary waiver of its physical presence requirement for continuing professional education (CPE) programs and issued proposed regulations to eliminate this in-person requirement altogether. The extended waiver applies to CPE credits earned for programs held during the period from Jan. 1, 2023, through the date that is 30 days after the publication of the Treasury decision finalizing those proposed regulations. Like the original waiver, the extended waiver applies to all enrolled actuaries, whether they are in active or inactive status. The other requirements for a formal program continue to apply, including attendance by at least three participants engaged in substantive pension service and an opportunity for participants to interact with the instructor during the program. In addition, the certificate of completion or instruction issued by a qualifying sponsor of the program must indicate that the program is a formal program. Notice to Enrolled Actuaries PDF Notice to Qualifying Sponsors PDF IR-2024-70, March 13, 2024 Guidance for sponsors Information about initial and continued recognition as qualifying sponsor of continuing professional education programs PDF. (updated 10/2023) User fees relating to enrolled actuaries Final regulations, issued on October 20, 2023, increase both the enrollment and renewal of enrollment user fees for enrolled actuaries from $250 to $680. The new fees are applicable beginning November 20, 2023. Current rosters Roster of active enrolled actuaries XLSX Current as of August 16, 2024. Roster will be updated regularly. Roster of qualifying sponsors PDF Current as of August 16, 2024. Roster will be updated regularly. Joint Board renewal application now available The renewal application for enrollment for the April 1, 2023 -March 31, 2026, period is now available. General instructions for enrolled actuaries currently in active status To timely renew your enrollment, you must complete your continuing professional education (CPE) requirements by December 31, 2022 and submit your completed Form 5434-A, Joint Board for the Enrollment of Actuaries - Application for Renewal of Enrollment PDF and renewal fee by March 1, 2023. Before completing and submitting your Form 5434-A, make sure you review the requirements for renewal set forth at section 901.11 of the Joint Board regulations PDF. If you meet both deadlines, you may begin using the "23-" prefix with your enrollment number beginning April 1, 2023, regardless of whether you received an official renewal notice from the Joint Board. If you were not eligible to use the "20-" prefix, please follow the instructions in section II below. Application and payment options You have the option of applying and paying electronically at Pay.gov. If you use Pay.gov, you will be able to complete and submit your Form 5434-A online and pay your renewal fee by credit or debit card or bank account (ACH). If you choose not to use Pay.gov, you still may submit your completed Form 5434-A and renewal fee by USPS or a private delivery service. The address for both USPS and private delivery services is: Internal Revenue Service Office of Enrollment 127 International Drive, Room EA 125 Franklin, TN 37067 If you miss a deadline If you miss either deadline and do not receive an official renewal notice dated prior to April 1, 2023, you will be treated as inactive from April 1, 2023, until the date the Joint Board sends your official renewal notice. Renewal applications are processed in the order that they are received. Therefore, if you miss a deadline, you could be placed in inactive status until your application is processed. While in inactive status, you are ineligible to perform services as an enrolled actuary or to practice before the Internal Revenue Service. You may not, directly or indirectly, indicate you are enrolled or use the term "enrolled actuary," the designation "E.A.," or other form of reference of eligibility to perform pension actuarial services as an enrolled actuary. If you fail to file for renewal by April 1, 2023, to apply for reinstatement to active status: If you were eligible to use the "20-" prefix, and if you were initially enrolled before 2020: You may apply for reinstatement to active status using the same procedure as if you were in active status (other than waiting for the official notice from the Joint Board before resuming practice as an Enrolled Actuary). If you were eligible to use the "20-" prefix, but you were initially enrolled during 2020, 2021, or 2022: You must satisfy an increased CPE hours requirement to apply for return to active status for the period ending March 31, 2026. (See section 901.11(l)(7)(i) of the Joint Board regulations PDF.) You may apply for reinstatement to active status using the same procedure as if you were in active status, except that you must earn and report CPE credits that comply with the increased requirements and wait for the official notice from the Joint Board before resuming practice as an Enrolled Actuary. In either case, you must apply for reinstatement to active status by December 31, 2025, to avoid additional requirements beyond those listed above, in order to be reinstated in the following cycle. Information for enrolled actuaries returning to active status from inactive status If you were not eligible to use the "20-" prefix, you must satisfy an increased CPE hours requirement, as well as a pension actuarial experience requirement, to apply for return to active status for the period ending March 31, 2026. These requirements are set forth at section 901.11(l)(7)(ii) or (iii) of the Joint Board regulations PDF. You must apply for reinstatement to active status by December 31, 2025, to avoid the additional requirements for reinstatement in the following cycle, or, if you are in your third inactive cycle, to avoid termination of your enrollment. After you have satisfied these requirements: Complete Form 5434-A PDF. Your Form 5434-A should reflect the increased CPE hours specified at section 901.11(l)(7)(ii) or (iii) of the Joint Board regulations, depending on whether you are in your second or third inactive cycle, respectively. Complete Schedule A (from Form 5434 PDF). Complete a separate Schedule A for each employer within the applicable period specified under section 901.11(l)(7)(ii) or (iii), as applicable. You should report only experience that you believe will qualify as responsible pension actuarial experience (not merely responsible actuarial experience). The individual(s) asked to certify your responsible pension actuarial experience must meet the requirements of section 901.1(j). Submit your completed Form 5434-A, Schedule(s) A, and renewal fee to the address indicated on Form 5434-A. Do not use Pay.gov. Please note that if the most recent prefix you were eligible to use was "11-" or earlier, your enrollment has terminated, and you must apply for enrollment as a new enrolled actuary by submitting Form 5434. Please see section 901.12 of the Joint Board regulations for the requirements for initial enrollment, including the 10-year limit for recognition of the EA-2 examinations in section 901.12(d) of the Joint Board regulations PDF. General information concerning renewal of enrollment An Enrolled Actuary's enrollment to practice is renewable every three years. To qualify for renewal of enrollment an Enrolled Actuary must certify that he/she has satisfied the continuing professional education (CPE) requirements specified in the Joint Board's regulations. Frequently asked questions PDF. Topics include qualifying continuing professional education (CPE) programs, certificates of completion, CPE credits, and the conflict of interest performance standard. (updated 08/2021) Joint Board regulations PDF
