At the end of each year, the top 125 in FedEx Cup points (top 125 on the money list before 2013) receive a tour card for the following season, which gives them exemption from qualifying for most of the next year's tournaments. However, at some events, known as invitationals, exemptions apply only to the previous year's top 70 players. Since 2013, players who are ranked between 126–200 in FedEx Cup points (and are not already exempt by other means) are eligible for entry in the Korn Ferry Tour Finals, where they can regain their PGA Tour privileges. Non-exempt players who finish 126th-150th in the FedEx Cup but fail to regain their PGA Tour cards are given conditional PGA Tour status for the season and are fully exempt on the Korn Ferry Tour.
PGA Tour players compete for two player of the year awards. The PGA Player of the Year award dates back to 1948 (originally named the PGA Golfer of the Year) and is awarded by the PGA of America. Since 1982 the winner has been selected using a points system with points awarded for wins, money list position and scoring average. The PGA Tour Player of the Year award, also known as the Jack Nicklaus Trophy, is administered by the PGA Tour and was introduced in 1990; the recipient is selected by the tour players by ballot, although the results are not released other than to say who has won. More often than not the same player wins both awards; in fact, as seen in the table below, the PGA and PGA Tour Players of the Year have been the same every year from 1992 through 2018.
The PGA Tour also conducts an annual Qualifying Tournament, known colloquially as "Q-School" and held over six rounds each fall. Before 2013, the official name of the tournament was the PGA Tour Qualifying Tournament; it is now officially the Korn Ferry Tour Qualifying Tournament. Through the 2012 edition, the top-25 finishers, including ties, received privileges to play on the following year's PGA Tour. Remaining finishers in the top 75, plus ties, received full privileges on the Korn Ferry Tour. Since 2013, all competitors who made the final phase of Q-School earned status on the Korn Ferry Tour at the start of the following season, with high finishers receiving additional rights as follows:
Before the transition, the Tour held a group of events known as the PGA Tour Fall Series, which provided a final opportunity for golfers to make the top 125 in season earnings and thereby retain their Tour cards. With the change to an October-to-September season, several of the former Fall Series events will now open the season. The Tour also sanctions two events in Asia during that part of the year:
The CIMB Classic, a limited-field event held in Malaysia and the Tour's first sanctioned event in Southeast Asia. The field is limited to 40 players—the top-25 available players in the final FedEx Cup standings, the top ten available Asian players and five sponsor's exemptions, with at least one place reserved for a Malaysian player. The 2013 edition, which was part of the 2014 season, was the first as an official-money event.
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Due to increases in prize funds over the years, this list consists entirely of current players. Two players on the list, Vijay Singh and Davis Love III, are eligible for PGA Tour Champions (having respectively turned 50 in February 2013 and April 2014). Both have lifetime exemptions on the PGA Tour for 20 wins and 15 years on the Tour, and Love has won a tournament on the main PGA Tour since turning 50. The figures are not the players' complete career prize money as they do not include FedEx Cup bonuses, winnings from unofficial money events, or earnings on other tours such as the European Tour. In addition, elite golfers often earn several times as much from endorsements and golf-related business interests as they do from prize money.
The Tour continues through the fall, with the focus on the scramble of the less successful players to earn enough money to retain their tour cards. A circuit known as the Fall Series, originally with seven tournaments but now with four, was introduced in 2007. In its inaugural year, its events were held in seven consecutive weeks, starting the week after the Tour Championship. As was the case for the FedEx Cup playoff schedule, the Fall Series schedule was also tweaked in 2008 and 2009. The first 2008 Fall Series event was held opposite the Ryder Cup, and the Fall Series took a week off for the Tour Championship before continuing with its remaining six events.