Benefits
Benefit with AIA of 5% for life and AWA of 7% for 14.2 years
LifeTime 5
Form used to mature a contract
PRU PALAC Annuitization Form
Corrections after issue >3 months
Contract Maintenance
Box on 1099-R that reflects taxable amount
2A
Lori's favorite movie
Rocky IV
Number of non-lifetime withdrawals available for a client with a PDI contract
Unlimited
PRU Request for Election of the 90% Cap Rule Feature
Corrections after issue <3 months
New Business
Order of funds to be withdrawn if a contract has both pre-TEFRA and post-TEFRA contributions
Pre-TEFRA investment, pre-TEFRA gains, post-TEFRA gains, post-TEFRA investment
Ashley's favorite movie
Happy Gilmore, White Chicks
GMIB cost and method of payment (daily, annually, etc.)
50 bps paid annually in arrears
Form which indicates whether a contract is subject to 72(u)
Pru Certificate of Entity Ownership Form
Reportable, but not taxable, exchange of non-qualified company to another
1035 exchange
Jackson's favorite TV show
Avatar: The Last Airbender
Highest possible attained age and AIA % for HD6 Plus
80, 6%
Form used when a client intends on completing a transfer out of Prudential and to another company
The receiving institution's transfer form
Where to send a maturity quote referral, and turnaround time
Maturities, 3-5 days
Institution to institution between unlike markets, reportable, but not taxable
Direct rollover
Where Ashley went to lunch today
McDonald's
Newly-issued contract, SHDI 3.0, clients aged 65 and 59. What are the roll up and AIA rates?
5.5%, 3.1%
Three options for payment methods under Option A of form ORD 310059
Annuitization, amortization, and RMD
Normal processing time for LifeCAD or FSP Disbursements, Death Claims, and Contract Maintenance
3-5 business days plus mailing time
Contract E1449180, 2017--What is the taxable amount in box 2A, and why?
$0, cost basis not determined
The new CEO's name. I've talked about it so many times now.
Charles Lowrey