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Search: Posts Made By: davefarber
Forum: EA Exams 01-08-2020, 06:51 PM
Replies: 2
Views: 196
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, 06:18 PM
Replies: 1
Views: 231
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, 07:11 PM
Replies: 10
Views: 1,816
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, 02:08 AM
Replies: 2
Views: 863
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, 01:05 AM
Replies: 10
Views: 1,816
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, 11:42 PM
Replies: 2
Views: 632
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, 10:45 PM
Replies: 2
Views: 720
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, 04:09 PM
Replies: 1
Views: 556
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, 10:15 PM
Replies: 2
Views: 966
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, 08:05 PM
Replies: 128
Views: 27,131
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, 10:58 PM
Replies: 128
Views: 27,131
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, 01:39 AM
Replies: 128
Views: 27,131
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, 11:47 AM
Replies: 128
Views: 27,131
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, 07:57 PM
Replies: 128
Views: 27,131
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, 03:36 PM
Replies: 128
Views: 27,131
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, 01:40 AM
Replies: 128
Views: 27,131
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, 07:54 PM
Replies: 128
Views: 27,131
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, 07:05 PM
Replies: 128
Views: 27,131
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, 11:39 PM
Replies: 2
Views: 1,597
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...
Forum: EA Exams 05-02-2019, 06:26 PM
Replies: 6
Views: 1,732
Posted By davefarber
This is an example of something that is worded...

This is an example of something that is worded very clumsily in the law, so it has to be worded carefully in an exam question. I think the typical question wording would be to ask for the ratio used...
Forum: EA Exams 05-01-2019, 12:39 AM
Replies: 6
Views: 1,732
Posted By davefarber
The fact that some of Smith's benefit in category...

The fact that some of Smith's benefit in category 3 in question 23 from the 2016 exam was irrelevant to that question. But the reality is that in that question, the total category 3 benefit for Smith...
Forum: EA Exams 04-30-2019, 06:22 PM
Replies: 6
Views: 1,732
Posted By davefarber
If the guaranteed benefit exceeds the category 3...

If the guaranteed benefit exceeds the category 3 benefit, then only the category 3 benefit up to the limit is guaranteed. In that case there would be no category 4 benefit (unless you are talking...
Forum: EA Exams 02-05-2019, 02:37 PM
Replies: 46
Views: 13,949
Posted By davefarber
Based on the data, the pass mark was definitely...

Based on the data, the pass mark was definitely either 111 or 112. The key scores to know at this point are for either 111 or for 123 (if 123 is a 6, then the pass mark is 112, and if 123 is a 7,...
Forum: EA Exams 01-28-2019, 06:44 PM
Replies: 46
Views: 13,949
Posted By davefarber
Just as an FYI, the meeting to set the pass mark...

Just as an FYI, the meeting to set the pass mark would most likely have been during the first week of January. Since there were some government employees involved, in addition to private practice...
Forum: EA Exams 12-19-2018, 02:07 PM
Replies: 1
Views: 1,229
Posted By davefarber
You are overthinking the data in this one. The...

You are overthinking the data in this one. The phrase "segment interest rates for 2011" is pretty generic. It does not specify a date that the rates came from but simply is saying that those are the...
Showing results 1 to 25 of 300

 

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