Notice2023-09255
Proposed Collection; Comment Request for Regulation and Form Project
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
May 2, 2023
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
The Internal Revenue Service, as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on continuing information collections, as required by the Paperwork Reduction Act of 1995. The IRS is soliciting comments concerning applications and renewal of enrollment for those who are seeking actuary status under ERISA, and regulations governing the performance of actuarial services under the employee retirement income security act of 1972.
Full Text
<html>
<head>
<title>Federal Register, Volume 88 Issue 84 (Tuesday, May 2, 2023)</title>
</head>
<body><pre>
[Federal Register Volume 88, Number 84 (Tuesday, May 2, 2023)]
[Notices]
[Pages 27587-27588]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2023-09255]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Proposed Collection; Comment Request for Regulation and Form
Project
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice and request for comments.
-----------------------------------------------------------------------
SUMMARY: The Internal Revenue Service, as part of its continuing effort
to reduce paperwork and respondent burden, invites the general public
and other Federal agencies to take this opportunity to comment on
continuing information collections, as required by the Paperwork
Reduction Act of 1995. The IRS is soliciting comments concerning
applications and renewal of enrollment for those who are seeking
actuary status under ERISA, and regulations governing the performance
of actuarial services under the employee retirement income security act
of 1972.
DATES: Written comments should be received on or before July 3, 2023 to
be assured of consideration.
ADDRESSES: Direct all written comments to Andres Garcia, Internal
Revenue Service, Room 6526, 1111 Constitution Avenue NW, Washington, DC
20224, or by email to <a href="/cdn-cgi/l/email-protection#d5a5a7b4fbb6bab8b8b0bba1a695bca7a6fbb2baa3"><span class="__cf_email__" data-cfemail="e0909281ce838f8d8d858e9493a0899293ce878f96">[email protected]</span></a>. Include 1545-0951 or Forms
5434, 5434-A, and TD 9517/REG-159704-03.
FOR FURTHER INFORMATION CONTACT: Requests for additional information or
copies of this collection should be directed to LaNita Van Dyke, at
(202) 317-6009, at Internal Revenue Service, Room 6526, 1111
Constitution Avenue NW, Washington, DC 20224, or through the internet
at <a href="/cdn-cgi/l/email-protection#f8b49996918c99d6ae9996bc81939db8918a8bd69f978e"><span class="__cf_email__" data-cfemail="89c5e8e7e0fde8a7dfe8e7cdf0e2ecc9e0fbfaa7eee6ff">[email protected]</span></a>.
SUPPLEMENTARY INFORMATION:
Title: Application for Enrollment, Application for Renewal of
Enrollment, and Regulations Governing the Performance of Actuarial
Services Under the Employee Retirement Income Security Act of 1972.
OMB Number: 1545-0951.
Form and Regulation Number: 5434, 5434-A, and TD 9517/REG-159704-
03.
Abstract: Form 5434 is used to apply for enrollment to perform
actuarial services under the Employee Retirement income Security Act of
1974 (ERISA). Form 5434-A is used to renew enrollment every three years
to perform actuarial services under (ERISA). The information is used by
the Joint Board for the Enrollment of Actuaries to determine the
eligibility of the applicant to perform actuarial services. The
regulations require that records be kept that verify satisfaction of
requirements, and certificates of completion education requirements.
Current Actions: There are no changes to the forms or regulations
at his time. However, the agency is updating the number of respondents
based on its most recent filing data.
Type of Review: Revision of a currently approved collection.
Affected Public: Individuals and households.
Form 5434
Estimated Number of Respondents: 150.
Estimated Time per Respondent: 1 hour.
Estimated Annual Burden Hours: 150.
Form 5434 A
Estimated Number of Respondents: 1,166.
Estimated Time per Respondent: .50 hour.
Estimated Annual Burden Hours: 600.
TD 9517/REG-159704-03
[[Page 27588]]
Estimated Number of Respondents/Recordkeepers: 3,500.
Estimated Time per Respondent: .25 hour.
Estimated Annual burden hours: 875.
Total Estimated Annual Burden: 1,625 hours.
The following paragraph applies to all of the collections of
information covered by this notice.
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless the collection of
information displays a valid OMB control number. Books or records
relating to a collection of information must be retained as long as
their contents may become material in the administration of any
internal revenue law. Generally, tax returns and tax return information
are confidential, as required by 26 U.S.C. 6103.
Request for Comments: Comments submitted in response to this notice
will be summarized and/or included in the request for OMB approval. All
comments will become a matter of public record. Comments are invited
on: (a) whether the collection of information is necessary for the
proper performance of the functions of the agency, including whether
the information shall have practical utility; (b) the accuracy of the
agency's estimate of the burden of the collection of information; (c)
ways to enhance the quality, utility, and clarity of the information to
be collected; (d) ways to minimize the burden of the collection of
information on respondents, including through the use of automated
collection techniques or other forms of information technology; and (e)
estimates of capital or start-up costs and costs of operation,
maintenance, and purchase of services to provide information.
Approved: April 27, 2023.
Molly J. Stasko,
Senior Tax Analyst.
[FR Doc. 2023-09255 Filed 5-1-23; 8:45 am]
BILLING CODE 4830-01-P
</pre><script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script></body>
</html>Indexed from Federal Register on May 2, 2023.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.