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My wonderful husband just passed part 3 of his EA exam!
Besides being a qualification that he can take anywhere in the country, getting his EA comes with perks at his work-- besides paying for the tests, prep materials, fees, etc., once the official notice comes (in about 6-8 weeks), he'll be getting a $5000 bonus, be allowed to take a 4 day work week every other week, and get higher performance bonuses.
He has worked really, really hard for this, and I am SO proud!
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Yeah, part four is a background check to make sure you've never been convicted of theft or embezzlement and don't have outstanding debt to the IRS.
Posts: 21182 | Registered: Sep 2004
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That's good stuff, those all sound like hard-earned and deserved spoils!
I'm going to take the first exam to be an actuary soon, so I may also be starting a cycle of exams to ensure vacations, bonuses and the like. Not to mention the particular company I'm looking at wants you to pass at least one exam a year.
Posts: 368 | Registered: Aug 2007
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quote:Originally posted by rivka: Good luck, Emp. It's a hard test -- I took it twice. (And an observant person might note that I am not an actuary. )
Most companies push the one-test-a-year model now, from what I hear.
Thanks for the well-wishes- I've got a manual to study until the test in a few months, and my brother's an actuary. He's also a genius, and he used to be a teacher. Hopefully he can help me before hand.
I took a look at the manual for a few hours today, and it seems like the material is easier than it looks. It's just being explained terribly in the book.
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That was one of Jeff's problems with the EA stuff-- it takes 3 read-throughs to understand some of these regulations on even a basic level, and that's for someone already fluent in IRS-ese. Even the study guides that are GOOD aren't much help when the regulation itself is poorly worded.
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