Enrolled Actuary - Frequently Asked Questions
1. What is an enrolled actuary?
An enrolled actuary is any individual who has satisfied the qualifications set forth in the regulations of the Joint Board for the Enrollment of Actuaries and who has been approved by the Joint Board to perform actuarial services under the Employee Retirement Income Security Act (ERISA) of 1974.
2. How do I become an enrolled actuary?
An applicant for enrollment must satisfy certain knowledge and experience requirements, which are set forth at Section 901.12 of the Joint Board regulations and submit an Application for Enrollment, Form 5434. Additional Enrolled Actuary Information.
3. How do I register for a Joint Board examination?
The Society of Actuaries performs all administrative duties related to the Joint Board examinations. For information about registering for an exam, exam fees, testing locations, and other administrative matters, contact Society of Actuaries.
4. How do I obtain my Joint Board examination answer sheet?
Exam sheets are available upon request from ACT. Requests must be submitted to ACT within 6 months after the date of the exam. To request a copy of your answer sheet, please send an e-mail to servicep@act.org. Be sure to include:
- In the subject heading of the e-mail, the reason for the e-mail, for example, "SOA Enrolled Actuaries Answer Sheet Request."
- In the body of the e-mail, (a) candidate name, (b) candidate number, (c) exam name, (d) exam date, (e) exam location, and (f) mailing address used for regular USPS mail delivery. Please note that ACT will mail a copy of the answer sheet to the mailing address indicated in the e-mail request. Requests for e-mail or fax delivery cannot be honored.
5. How do I update my address or other contact information?
Submit a written request, which includes the following:
- Name
- Enrollment Number
- Prior contact information
- Change requested
- Best way to contact you (in case we need to contact you about change)
- Signature
- Date of Request
Requests may be submitted by regular or overnight mail, e-mail, or fax.
Our address (regular and overnight mail) is:
Executive Director
Joint Board for the Enrollment of Actuaries
Return Preparer Office SE:RPO
Internal Revenue Service
1111 Constitution Avenue, NW, Room 7550
Washington, DC 20224
Our e-mail address is: nhqjbea@irs.gov.
Our fax number is: (202) 622-8300
7. How can I find out whether a practitioner is an enrolled actuary in good standing with the Joint Board?
Review the roster of enrolled actuaries in active status. To report an omission or an error in the roster, please contact us at nhqjbea@irs.gov.
8. What types of behavior could subject an enrolled actuary to disciplinary action by the Joint Board?
In general, there are three types of misconduct that may subject an enrolled actuary to disciplinary action. These are (1) misconduct during the performance of actuarial services under ERISA, (2) misconduct related to the enrolled actuary’s Federal tax return, and (3) misconduct not related to the performance of actuarial services under ERISA.
9. How do I make a complaint against an enrolled actuary?
Please direct all complaints to:
Executive Director
Joint Board for the Enrollment of Actuaries
Return Preparer Office SE:RPO
Internal Revenue Service
1111 Constitution Avenue, NW, Room 7550
Washington, DC 20224
10. What type of information should be contained in a complaint?
At a minimum, a referral should contain the enrolled actuary’s name, address, telephone number and enrollment number, a detailed description of the allegations, and any supporting documents.
11. How can my organization attain status as a qualifying sponsor of continuing professional education for enrolled actuaries?
To become a qualifying sponsor of continuing professional education for enrolled actuaries, an organization must apply for recognition as a qualifying sponsor and be approved by the Joint Board. To receive additional information, contact nhqjbea@irs.gov.
