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Search: Posts Made By: davefarber
Forum: EA Exams 05-31-2020, 08:15 PM
Replies: 7
Views: 1,253
Posted By davefarber
The law change to age 72 was enacted after the...

The law change to age 72 was enacted after the cutoff date of November 30, 2019, so technically you are not responsible for knowing it was changed to age 72. When there has been a law change after...
Forum: EA Exams 04-05-2020, 12:00 PM
Replies: 1
Views: 641
Posted By davefarber
The SOA reset the exam date to July 21, as...

The SOA reset the exam date to July 21, as announced on April 2.
Forum: EA Exams 03-14-2020, 06:07 PM
Replies: 2
Views: 481
Posted By davefarber
The 415 compensation limit is the high...

The 415 compensation limit is the high consecutive 3-year average over all years of service. So if the years 2018 - 2020 gives you the highest consecutive 3-year average, then that is what you use.
Forum: EA Exams 03-01-2020, 04:34 PM
Replies: 7
Views: 1,253
Posted By davefarber
Unfortunately, fewer people taking the exams has...

Unfortunately, fewer people taking the exams has equated to no more live classes (low attendance numbers make them not work financially), unless you happen to work for a large company that can afford...
Forum: EA Exams 02-11-2020, 12:26 AM
Replies: 2
Views: 556
Posted By davefarber
Here is a link...

Here is a link (https://lrus.wolterskluwer.com/store/product/pension-and-employee-benefits-code-erisa-regulations-as-of-january-1-2019-2-volumes/) to where you can purchase a 2 volume edition of the...
Forum: EA Exams 02-08-2020, 05:34 PM
Replies: 0
Views: 486
Posted By davefarber
Spring 2020 Joint Board Examination Program Document

The latest document with the updated syllabus for the spring examinations is out on the Joint Board web site...
Forum: EA Exams 01-08-2020, 05:51 PM
Replies: 2
Views: 602
Posted By davefarber
On the 2013 EA-2F exam, this came up in questions...

On the 2013 EA-2F exam, this came up in questions 14 and 32. Also on the 2010 EA-2A exam, questions 8 and 23.
Forum: EA Exams 01-06-2020, 05:18 PM
Replies: 7
Views: 1,253
Posted By davefarber
The cut-off date in the Joint Board Program...

The cut-off date in the Joint Board Program document for law changes is 11/30/2019. Anything that is enacted after that is off limits. Note that should there be a question that would be answered...
Forum: EA Exams 12-02-2019, 06:11 PM
Replies: 10
Views: 2,920
Posted By davefarber
I've already gone through it, and have no issues....

I've already gone through it, and have no issues. Rick just learned today (from me) that it was released, so give him some time. We like to compare notes.
Forum: EA Exams 11-16-2019, 01:08 AM
Replies: 2
Views: 1,449
Posted By davefarber
The 2020 edition will be available in early...

The 2020 edition will be available in early December. The only major change from the 2019 manual is a rewrite of the section dealing with PBGC missing participants upon plan termination, reflecting...
Forum: EA Exams 11-09-2019, 12:05 AM
Replies: 10
Views: 2,920
Posted By davefarber
Typically about 3 to 6 weeks after the exam date....

Typically about 3 to 6 weeks after the exam date. Most often during the first couple of weeks of December.
Forum: EA Exams 11-04-2019, 10:42 PM
Replies: 2
Views: 1,090
Posted By davefarber
But just to expand on the last part of the...

But just to expand on the last part of the question, in multiemployer minimum funding questions, you are typically given the normal cost and accrued liability -- it is the pure cost method questions...
Forum: EA Exams 11-02-2019, 09:45 PM
Replies: 2
Views: 1,540
Posted By davefarber
So just to be clear for anyone with the current...

So just to be clear for anyone with the current 2019 edition, this is question 132.

The amount that gets amortized over 10 years for deduction purposes is the original amount of the base (you...
Forum: EA Exams 11-01-2019, 03:09 PM
Replies: 1
Views: 1,005
Posted By davefarber
You have calculated a 10-year certain factor with...

You have calculated a 10-year certain factor with annual payments at the beginning of the year. You need the factor when payments are made monthly, at the beginning of each month. First, determine...
Forum: EA Exams 09-11-2019, 09:15 PM
Replies: 2
Views: 1,524
Posted By davefarber
Nothing new of any real importance. I think that...

Nothing new of any real importance. I think that I added one new question to the problems included with the outline, which I had created last year while teaching my live seminars. It is for the...
Forum: EA Exams 08-02-2019, 07:05 PM
Replies: 128
Views: 31,485
Posted By davefarber
I sent an email to my Joint Board contact...

I sent an email to my Joint Board contact yesterday morning asking whether the answer key has been adjusted based upon the comments received. I typically will not receive a direct answer to a...
Forum: EA Exams 07-26-2019, 09:58 PM
Replies: 128
Views: 31,485
Posted By davefarber
The exams went through a restructuring in 2001....

The exams went through a restructuring in 2001. Those first few exams in the early 2000s (EA-2B at the time) were very difficult, because they had a lot of 4 and 5 point questions that tested too...
Forum: EA Exams 07-24-2019, 12:39 AM
Replies: 128
Views: 31,485
Posted By davefarber
The SOA typically releases the list of passing...

The SOA typically releases the list of passing candidate names and the exam statistics (number/percentage passing) on the Friday following the grade release. So that would be this coming Friday. The...
Forum: EA Exams 07-12-2019, 10:47 AM
Replies: 128
Views: 31,485
Posted By davefarber
Yes, those were included in my exam comments to...

Yes, those were included in my exam comments to the Joint Board. Typically, when there are changes to the answer key due to these comments, the exam with updated answer key is released shortly after...
Forum: EA Exams 06-04-2019, 06:57 PM
Replies: 128
Views: 31,485
Posted By davefarber
So first, a little EA exam history. Back when the...

So first, a little EA exam history. Back when the EA-2 exams were parts A and B, A was the funding exam (and included the IRC section 415 and 416 topics). For part A, you were not responsible for...
Forum: EA Exams 06-04-2019, 02:36 PM
Replies: 128
Views: 31,485
Posted By davefarber
No, that is not what regulation 1.416-1, Q&A M-2...

No, that is not what regulation 1.416-1, Q&A M-2 says. It says that you ignore years of service that were not earned by the employee under IRC sections 411(a)(4), (5), and (6). That is generally all...
Forum: EA Exams 06-04-2019, 12:40 AM
Replies: 128
Views: 31,485
Posted By davefarber
If they wanted to test the exceptions, they would...

If they wanted to test the exceptions, they would do that directly.
Forum: EA Exams 06-03-2019, 06:54 PM
Replies: 128
Views: 31,485
Posted By davefarber
I would hope that this is a typo and not what you...

I would hope that this is a typo and not what you suggest, as this is just a straight quote from 4975(c)(1). Your cite requires a special exemption from Treasury. You should be able to assume in a...
Forum: EA Exams 06-03-2019, 06:05 PM
Replies: 128
Views: 31,485
Posted By davefarber
I've reviewed the exam, and have definite issues...

I've reviewed the exam, and have definite issues with two questions.

Question 12: This is a True statement, and it may simply be that the answer key has a typo (in which case they would most...
Forum: EA Exams 05-23-2019, 10:39 PM
Replies: 2
Views: 1,907
Posted By davefarber
You should be able to do this now, if you have...

You should be able to do this now, if you have satisfied the Joint Board requirements for reinstatement. You can find this on the Joint Board website...
Showing results 1 to 25 of 300

 

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