Contributions/Distributions
What is the Contribution limit for 2024 for someone who is 44 years old and has taxable compensation?
What is $7000? (WEB5107405)
What is the annual fee for a select Trad or Roth IRA?"
What is $75 (WEB5398502)
True or False: When setting up a new recurring transfer to any account, a Transfer Authorization form will always be required.
False. It wouldn't be required if the SSN or TID used for tax reporting is the same for both accounts. (WEB041469)
Advisory Fund accounts, UMA accounts and Guided Fund accounts cannot go from ____ status to ____ status in the same day.
O (Open) A (Active) WEB5044442
This process takes one account from one FA at one branch to another FA at a different branch.
What is Branch to Branch Transfer? (WEB042554)
What is the age limit to be able to make contributions to the Traditional IRA?
What is no age limit as long as they have taxable compensation? (WEB5107405)
Transitional Accounts have Annual Fee of ?
What is zero? (WEB5398594)
When a Recurring transfer is established, the branch can click on the trash can icon to do what two things?
Delete the next scheduled transfer, Delete the entire recurring transfer (WEB5060832)
When putting in a one-time Account-to-Account transfer for a UMA account, how many days in the future should the transfer be scheduled for?
4 Days. (WEB5398968)
Both parties will need to sign this form when splitting up an IRA internally and going through a divorce?
What is Internal Transfer Due to Divorce Form? (WEB046906)
What Tax form will a client receive for IRA contributions in the year 2024? When?
What is the 5498 and Mid May of 2024. (WEB039076)
The inherited IRA was open on May 1, 2023. They made a deposit into the account on June 1, 2023. Now they are going to close the account on June 1, 2024. Will they have a termination and annual fee?
What is yes because the 12 month waiver is from the date it was opened not when the first activity was in the account. (WEB5398594)
I can create fractional positions in TASC when transferring this security
What is a Mutual Fund? (WEB038500)
What is the "Available" cash balance (normally under $50) in an Advisory or Guided Solutions account, called?
What is Uninvested Cash? (WEB5052806)
How many days does Internal Transfers Due to Divorce have to be signed by both parties?
What is 60 days? WEB046906)
What is the code in Box 7 of a 1099R for a normal distribution?
What is 7? (Web047062)
How do you get ahold of the fee department?
What is service request? (WEB047476)
What is WEB6006596?
What happens to securities that can't be held outside of Advisory?
What are the securities will be converted or sold. (WEB5106769)
This is a movement of existing mutual funds shares between a nonretirement account and IRA using a dollar amount?
What is Mutual Fund Dollar Transfer? (WEB051109)
What agreement does the client need on file before they can complete a distribution of securities?
What is Special Services? (WEB143643)
The minimum dollar amount for a Select IRA to remain open.
What is you have to leave $75 in the account for the closing fees if you are going to leave the account open. (Web5398501)
What kind of trust is required to always have a signature if over $50,000 and they don't have an OPTLOA on file?
What is an irrevocable Trust? (Web038479)
This happens when Advisory or Guided Programs go below the required maintenance minimum balance?
What is program exit? (web5100728)
This LOA is used to approve future account to account transfers to all accounts listed on the form no matter the value.
What is an OPTLOA? (WEB038574)