Joint Board Renewal Application Now Available
The renewal application for enrollment for the April 1, 2020 - March 31, 2023 period is now available.
I. 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, 2019 and submit your completed Form 5434-A, Application for Renewal of Enrollment (PDF) and $250 renewal fee by Monday, March 2, 2020. 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.
If you meet both deadlines, you may begin using the “20-” prefix with your enrollment number beginning April 1, 2020, regardless of whether you received an official renewal notice from the Joint Board.
If you were not eligible to use the “17-” 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 regular mail or by USPS express mail. The address for both regular mail and USPS express mail is: Internal Revenue Service, PO Box 301510, Los Angeles, CA 90030-1510. Do not use any express delivery service other than USPS express mail. If you use a delivery service other than USPS, your Form 5434-A will be returned to you.
If You Miss a Deadline:
If you miss either deadline and do not receive an official renewal notice dated prior to April 1, 2020, you will be treated as inactive from April 1, 2020, 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, 2020, to apply for reinstatement to active status:
- If you were eligible to use the “17-” prefix, and if you were initially enrolled before 2017:
- 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 “17-” prefix, but you were initially enrolled during 2017, 2018, or 2019:
- You must satisfy an increased CPE hours requirement to apply for return to active status for the period ending March 31, 2023. (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, 2022, to avoid additional requirements beyond those listed above, in order to be reinstated in the following cycle.
II. Information for Enrolled Actuaries Returning to Active Status from Inactive Status
If you were not eligible to use the “17-” 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, 2023. These requirements are set forth at section 901.11(l)(7)(ii) of the Joint Board regulations. You must apply for reinstatement to active status by December 31, 2022 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. 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, Joint Board for the Enrollment of Actuaries - Application for Enrollment (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 of $250 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.
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.