Skip Ribbon Commands
Skip to main content

​Best-in-class personal and business insurance solutions customized for CPAs, their families and firms.

Education Center​​​​​​​​​​​​​​​​​​​​​​

AICPA Trust Refund

News, AICPA Insurance Trust Refund, Refund

The AICPA Trust Life, Disability and Group Variable Universal Life (GVUL) Plan can offer insurance protection that helps provide security at affordable rates. The premiums not used for claims and expenses are distributed each year to the Plan’s participants as a cash refund.


Although refunds are not guaranteed, plan participants have received a cash refund from the Trust every year without fail since the program’s inception. Historically, Trust plan participants eagerly anticipate news about their potential refund.

Trust Refund News for 2019

  • The Trust annual refund will be distributed on February 19
  • This is the 72nd straight year the Trust has distributed a refund
  • This year’s refund is $101 million 
  • Over 84,000 members will have immediate access to their refund through electronic deposit, including over 56,500 members who have signed up for the new Automated Clearing House (ACH) option
  • Click to view the Committee Report with refund percentages and Trust Refund FAQs​​ All plan participants will have 24/7 online access to their Annual Refund Statement/Schedule K-1 via the self-service portal​ upon refund distribution. 

Refund Options Can Add More Money to Your Refund 

A member’s refund is increased by $25.00 if the member has more than one Trust product.  For participants making monthly Electronic Fund Transfer payments, the refund basis is increased by $25.00. The refund is reduced by $6.00 for participants with Dependent Child Coverage.

ACH Option Results in Faster Refund Delivery

If you haven’t done so already, sign up for ACH and have future annual refunds deposited to your savings or checking account the day they become available.  To thank planholders for registering for electronic deposits, a one-time $25 increase will be added to your refund in the year in which you successfully enroll.  Sign up using these three, easy steps:

  1. Go to; registered users simply sign in; new users must register first
  2. Choose “Annual Refunds;” select “Annual Refund Preferences;” select “Update Preference”
  3. Choose “Electronic Bank Deposit/ACH;” fill in your banking information

PLEASE NOTE– The participant receiving their refund by check acknowledges and agrees that in order to obtain the refund, if any, all refund checks must be presented for payment according to the terms and procedures set forth in this paragraph. Without limiting the foregoing, refund checks shall be deemed null and void if not duly presented for payment by, or on behalf of, the participant or former participant by the expiration date (not to be less than 180 days from the date of issuance) set forth on the face of the check. If a participant fails to timely present for payment a refund check according to this provision and has not, prior to the expiration of the initial refund check, requested re-issuance of such check, the full amount of the refund shall be applied toward any of the participant’s contribution payments due; if no contribution payments are due or owing by the participant at the time the refund check expires, the refund amount shall be applied toward future contributions as they become due, until the participant receives the full refund amount. Except as otherwise provided in this agreement, upon termination of coverage under the applicable trust, nothing herein shall limit a participant’s right to receive a full refund of any unearned contributions or unapplied portion of expired refunds. For Participants receiving their refund by ACH, if we are unsuccessful in transmitting the refund to the bank account we have on file, we will issue the refund by check, which will follow the same rules noted above.

This material is for informational or educational purposes. In providing this material, Prudential (i) is not acting as your fiduciary as defined by the Department of Labor and is not giving advice in a fiduciary capacity and (ii) is not undertaking to provide impartial investment advice as Prudential will receive compensation for its products and services.

Group Insurance coverages and Group Variable Universal Life (GVUL) coverage are issued by The Prudential Insurance Company of America; and, GVUL is distributed through Prudential Investment Management Services, LLC. Both are Prudential Financial companies, Newark, NJ. The Booklet-Certificate contains all details, including any policy exclusions, limitations, and restrictions, which may apply. Contract Series 83500 & 89759.  

Aon Insurance Services/Aon Securities LLC is the brand name for the brokerage and program administration operations of Affinity Insurance Services, Inc. (TX 13695) (AR 100106022); in CA & MN, AIS Affinity Insurance Agency, Inc. (CA 0795465); in OK, AIS Affinity Insurance Services Inc.; in CA, Aon Affinity Insurance Services, Inc. (CA 0G94493), Aon Direct Insurance Administrators, and Berkely Insurance Agency; and in NY, AIS Affinity Insurance Agency.​

GVUL—You should consider the coverage and the underlying funds’ investment objectives, risks, charges and expenses carefully before investing. Both the GVUL prospectus and the underlying fund prospectuses contain this and other important information. Visit for the prospectuses. You should read them carefully before purchasing coverage.

This site may contain marketing language on products issued by The Prudential Insurance Company of America that has not yet been approved in all states.

North Carolina Residents: THIS IS NOT A MEDICARE SUPPLEMENT PLAN. If you are eligible for Medicare, review the Guide to Health Insurance for People with Medicare, which is available from the company.

This policy provides disability income insurance only. It does NOT provide basic hospital, basic medical or major medical insurance as defined by the New York Department of Financial Services.

1012734-00001-00                                                                                                                                                    Ed 2/19