Death Claims
This is the first thing you would fill out on a death claim call.
Death Notification Form
SDBAs is an acronym short for this
Self Directed Brokeage Accounts
A ppt would not get a 1099R for this type of transaction
Loans
RMDs can start to be taken out when a ppt turns this age
73
We listened to "Good Riddance" by Green Day. Who is the lead singer of Green Day?
Billie Joe Armstrong
All callers must mail in this document before a death claim be looked at by our processing team.
Copy of death certificate
If a ppt wants to process a transfer of their retirement account into their SDBA, who would handle this?
1099Rs would be sent out in this quarter of the year
First quarter
You can find out how much a person's RMD is by doing this.
Start a withdrawal
We listened to "Firework" by Katy Perry earlier. What talent show was Katy a judge on?
American Idol
You would click on this if you want to see the status of a death claim
Search (or task manager)
When a ppt has an SDBA, it is held through one of these two brokerage firms
Charles Schwab or Morgan Stanley
You would do this if a ppt needs a 1099R correction
submit a task correction
A person would get this penalty (%) if they didn't have an RMD distributed when it was needed.
50%
We listened to "Golden" by Kpop Demon Hunters. Speaking of Golden... what is the first line to the Golden Girls Theme Song?
Thank you for being a friend.
When submitting a death claim form you would choose this task type for plans that have Beneficiary Services Groups
BENENOD
Self-Managed Account (SMA)
Mutual Funds Window (MFW)
Personal Choice Retirement Account (PCRA)
We can email a ppt a copy of their 1099r (True/False)
False
RMDS are taxed at this rate by default
A 10% voluntary tax
We listened to "Don't Stop Me Now" by Queen earlier today. Who was the lead guitarist for Queen?
Brian May
When a beneficiary inherits an account, it usually has to be paid out in these number of years.
10 years
You want to confirm this before moving money out of an SDBA
liquid balance (on balance by source screen)
You can find the distribution code in this box number on a 1099R
Box 7
When all RMDs are sent automatically to ppts at the end of the year this is known as the RMD _____ Period.
Sweeps