The Enrolled Retirement Plan Agent, or ERPA, is a classification of a professional allowed to practice before the IRS. The IRS recognizes that retirement plan professionals are highly competent in their field and play an active and critical role in representing employers before the IRS on retirement plan matters.
Simply so, how to become Enrolled retirement plan Agent?
Have the requisite years service and technical experience relating to retirement plan matters; b. Complete an enrollment application (Form 23-EP) and pay an enrollment fee of $125; and c. Pass a tax compliance check and background check.
Subsequently, what do Enrolled Actuaries do?
An Enrolled Actuary is any individual who has satisfied the standards and qualifications as set forth in the regulations PDF of the Joint Board for the Enrollment of Actuaries and who has been approved by the Joint Board to perform actuarial services required under the Employee Retirement Income Security Act of 1974 ( …
What is an enrolled agent for taxes?
An enrolled agent is a person who has earned the privilege of representing taxpayers before the Internal Revenue Service by either passing a three-part comprehensive IRS test covering individual and business tax returns, or through experience as a former IRS employee.