Participant John is moving his IRA funds to his JH 401k plan. Upon receipt of his request, what money source do we use in allocating his funds?
XTFR2
100
What Apollo screen can we locate the payment?
=FT (Financial Transaction Screen)
100
Yes or No: NEP applies to ALINDVROLL
No - it's only applicable to AL and LR
100
What form should the participant submit to change his current and future contribution or allocation instruction?
Investment Change Form
100
What is the corresonding AWD work type for Investment Change form
IATPAPER
200
Company XYZ is moving their plan assets from Fidelity to John Hancock. What is the money source should we use in allocating their transfer funds?
XTFR
200
True or False: You need to quick create an LR item if you got an AL item that includes Loan Repayment.
True
200
Zlockbox, Checks or Manupay are always routed to what status?
PROCESSED
200
Yes or No: Do you still need to log the MR transaction if a participant want to reinvest his maturing money into the same GIA fund?
No - Apollo will automatically reinvest the maturing money into the same GIA fund
200
___________ refers to when the funds were removed from the participant's payroll
Payroll End Date, CAPED
300
What is the transaction type (two letter code) for payments currently sitting in a contract's cash account?
CC
300
You received a paper allocation for an NEP contract on July 3, what IED/UED should you use in processing the allocation?
July 5 (July 4 is a Holiday)
300
Mr. Participant only has MLS 100%, if he wants to move his entire funds to CLS 50% and ALS 50%, what portion on the IAT form does he need to complete?
REBALANCE (Section 2, Option A)
300
MR: A participant first contributed to his 5YC on Nov/01/2014. Contract's calendar reporting year is January to December 31. When will his 5YC mature?
Dec/31/2018
300
__________ date refers to when the participant's money are being invested based on the fund's market value as of the day.
INVESTMENT
400
In processing Allocation, what reason code do you use to tie the money to the transaction on the cash account credit screen?
OK
400
What Apollo Screen will allow you to view the participant's LOAN REPAYMENT SUMMARY for the last 6 months?
= LN
400
How many times can a participant change their existing allocation instruction?
2
400
You received a contribution on Oct/15/2014, for payroll date Sep/30/2014. You noticed that the plan year end is Dec/31 and their statement basis is CO. What payroll date should you use?
Oct/01/2014 (Blackhole)
400
You received a contribution on Jan/15/2015, for payroll date Dec/30/2014. You noticed that the plan year end is Mar/31 and their statement basis is CO. What payroll date should you use?
JAN/01/2015
500
Greg requested for a loan. The funds were taken out from his BLS funds. A week after, he moved all his BLS assets to MMR. Question, where will his loan repayments be applied?
MMR
500
True or False: Loan repayments are applied towards the FUNDS FROM WHICH THE LOAN WAS ORIGINALLY TAKEN.
FALSE - based on the participant's current II (EE screen)
500
What are the GIA durations offered by John Hancock?
3, 5 and 10 Years
500
You received a contribution on Oct/15/2014, for payroll date Sep/30/2014. You noticed that the plan year end is Dec/31 and their statement basis is CA. What payroll date should you use?
Sep/30/2014
500
You received a contribution on Oct/15/2014, for payroll date Sep/30/2014. You noticed that the plan year end is Dec/31 and their statement basis is AC. What payroll date should you use?