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This manual consists of my course outline and review questions that have been inserted into the various sections of the outline. It reflects the course syllabus as published in 2021. Most, but not every topic is covered in this outline.
The 2024 edition has been updated from 2023 to correct any errata and add new clarifying material. The edition includes any increases in limitations that are updated annually by the Department of the Treasury and PBGC. (Note that while these limitations are noted in the body of the sample questions in this manual, they would not be included in the body of an actual exam question since tables
of historical limitations and factors needed to solve the problems are provided with the exam – see the Joint Board program document).
This manual assumes knowledge of the material covered on the EA-1 exam. Note that the pension law
exam (EA-2L) does not presume knowledge of the material from the funding exam (EA-2F).
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ABOUT THE AUTHOR:
David Farber, ASA, EA, MSPA
David is an Associate of the Society of Actuaries and educator who focuses on education in the retirement plan area. He has taught review courses for students to pass the Enrolled Actuary exams since 1983, and numerous courses geared towards retirement administrators and consultants since the early 1980s. David has been an ASM author since 2001.
ASM has been helping students prepare for actuarial exams since 1983. We offer study materials for Exams P/1, FM/2, MLC, MFE/3F, C/4, S and EA-1, EA-2F and EA-2L, written by an outstanding team of authors. ASM Products are sold at ACTEX Learning | Mad River Books and The Actuarial Bookstore.