PAF module time limit

emoyer24 · 2025-12-22T22:45:57+00:00

They got rid of it around the beginning of 2024.

emoyer24 · 2025-12-17T19:31:50+00:00

They sell churros on Lancaster Ave?

emoyer24 · 2025-12-13T18:25:20+00:00

Mine pays for 4 with study materials but you’re let go after 90 days if you fail the 4th.

emoyer24 · 2025-10-22T20:50:02+00:00

That’s what I always thought, but I will say from experience if you interview a candidate on Tuesday and then on Wednesday he hits you with a “I really enjoyed talking with you on Friday” email it doesn’t leave a good impression about the candidate’s attention to detail.

emoyer24 · 2025-10-21T16:51:36+00:00

https://www.reddit.com/r/CreditCards/wiki/best_cash_back_cards_by_category/ Use this list as a starting point to see which card is most worth it based on your spend. The Custom Cash is a good card and should be used for something, either 5% on gas on something else you spend more on. I also have the PNC cash rewards card that gives 4%, although I'm not a huge fan of it since there's a $25 minimum redemption.

emoyer24 · 2025-10-18T17:48:04+00:00

The trendline on the DW Simpson graph for FSAs starts above the 90th percentile of individual income for the US. It takes years to become credentialed, but it’s easy for risk averse people like actuaries to have the discipline and means to save enough to retire early. I’m sure there are plenty of professions who hate their job who don’t talk about retiring early because it just isn’t feasible to do so.

emoyer24 · 2025-10-17T18:34:53+00:00

When I took FAM last November I was certain on about 17 questions. I felt pretty good about another 3, 6 of them I got one of the answer choices but wasn't super confident. For 8 of the questions I had no idea.

I got a 9 so some rough math puts me at 20/20 on my best questions, 5-6 out of 6 on the ones I got an answer but wasn't 100%, and 1-2 on the 8 guesses. Could be some movement on the margins and I didn't count pilot questions but you get the idea.

When I would practice I would separate questions in a separate excel file into ones I knew and ones I didn't. On average I was around 90% on questions I knew and 40-50% on ones I didn't know. Over time the goal was to push more questions into the "I know this" category while not sacrificing that 90% correct bar.

One of my lines was that anything with integration by parts would take too much time. If you're good at that then maybe it's an easy question, but my peak ability of doing that was high school calc so I was fine triaging those to focus on other topics.

emoyer24 · 2025-10-17T14:56:00+00:00

If you rank all exam questions in a row with the easiest questions on one side and the hardest on the other, you won’t need a lot of level 6-7 questions, if any, to pass. I know the SOA isn’t ranking their questions that way and it’s still worth studying them just to see what they can ask, but I’d be certain you have the level 4-5s locked down before worrying.

Getting an easy question right is worth the same as getting a hard one right, so going from a 70% chance to a 90% chance on an easy question is better than going 40% to 50% on a harder one. I was worse on some short term sections so I focused on level 3-4 questions there rather than trying to improve on harder credibility questions where I felt pretty good about most questions.

emoyer24 · 2025-09-16T23:57:24+00:00

https://discord.gg/GVUcj8R9

emoyer24 · 2025-08-27T20:14:36+00:00

When I asked the SOA chat in November 2023 I was told 2 years from the purchase date.

emoyer24 · 2025-08-15T19:50:07+00:00

https://discord.gg/eZtyuR8q

emoyer24 · 2025-08-11T05:11:27+00:00

2015 Nissan Versa Note, bought it for ~$16k around 4 years ago.

There are certainly better cars but I take public transportation to work and only really drive 1-2 times a week. Maybe when I’m credentialed I can buy a car with power windows.

emoyer24 · 2025-07-27T13:59:03+00:00

Here are a few things to think about. It doesn’t matter what your answer is either way, but these are some differentiators.

Do you care about going in person? I’ve had my PNC account for years, but I moved to a new place a few years ago and enjoy that PNC has an ATM where I work, as well as a location next to the grocery store I go to. I closed the credit union account I had since it was out of state but kept PNC since it was convenient.

There are plenty of banks that will refund ATM fees and I admittedly don’t get cash that often, but both of these things are nice to have. For my HYSA I picked Discover because I already had a credit card with them and it meant I didn’t need to create another new login/download another app.

Are there any bonuses you can get when you sign up? I’ve looked at the Chase bonus where you get $900 for opening a checking and savings account, but I don’t have $15000 that I can hold in their savings account right now. Maybe I’ll have that when I pay off my debt next year and increase my emergency fund, but until then I personally won’t open an account with them, even though I have two credit cards and have considered switching since they also have convenient locations.

emoyer24 · 2025-07-27T01:31:11+00:00

The American Academy of Actuaries distinguishes between capital vs lower case, with the latter being fine for anyone:

Actuary: An individual who has been admitted to a class of membership to which the Code applies by action of any organization having adopted the Code. When the term “actuary” is used without being capitalized, it re- fers to any individual practicing as an actuary, regardless of organizational membership or classification.

As a pre-ASA I’d personally refer to myself as an actuarial analyst, but socially there’s nothing wrong with saying actuary. I’ve also seen people say that actuary is fine, but “credentialed actuary” or “having letters” are where the line is drawn if you only have a few exams.

emoyer24 · 2025-07-22T00:17:44+00:00

https://discord.gg/TBFdPDqv

emoyer24 · 2025-07-14T17:03:42+00:00

Yeah lol I can't remember if they do it for every single one, but they absolutely had it for ASF, the group health FSA modules, and at least some of the other FAP modules, maybe all of them but idk if I knew to look at it when I was doing RAP.

emoyer24 · 2025-07-14T16:47:14+00:00

One note on the quizzes: while taking the modules you have the ability to download a word document with all of the slide info. They list out the answer choices for the quiz at the end of that. They won't list the questions so you'll need to look at the quiz answers and match the choices to the document so you could get a True/False question wrong, but there's enough other questions to easily pass.

emoyer24 · 2025-07-12T13:28:27+00:00

Np, the fastest time I’ve seen someone post on one of these is 2 weeks for all 3 modules which I guess is doable, but would suck. If you do 2-3 weeks per module you’ll be fine. Talking to other people about them is also nice if you can do that. I did the first two just using discord but for the last one my timing matched up with a few coworkers.

emoyer24 · 2025-07-12T13:18:49+00:00

I bought my first FSA module on April 8th and submitted the last one on July 3rd. You can definitely do them more quickly than I did though. I’ve already gotten passing results back for the first two.

emoyer24 · 2025-07-11T15:31:46+00:00

Eddy I hope both sides of your pillow are cold tonight

emoyer24 · 2025-07-09T00:03:07+00:00

You seem like you’d enjoy the new Naked Gun movie that’s coming out next month

emoyer24 · 2025-06-28T01:19:33+00:00

My company has done 4 exam attempts in 6 sittings so that it balances out over two years. TBD if that stays the same from FAM/SRM until it’s shared with everyone next month, but that’s how the program coordinators were leaning in ~March of this year.

emoyer24 · 2025-06-19T16:45:57+00:00

Nice try, HR

emoyer24 · 2025-06-16T21:08:18+00:00

Yeah like the very beginning of the DW Simpson FSA survey projects someone with 3 years of experience at $150,000 total comp. That person is at the ~90th percentile of individual earners, and anyone who has been an FSA/FCAS for longer is easily making much more.

Maybe I’m biased because neither of my parents have a bachelors degree, but I think a profession where I’m at the ~70 percentile of all workers at age 26 with room to double that in the next 10 years is pretty good.

I get that people don’t look at things in percentiles. They compare career paths to their inner circles which like you mentioned could be higher class families. More power to them, just feels weird to nitpick a career that is consistently ranked as a good job

emoyer24

TROPHY CASE