Tax Forms
The ___ reports any money leaving an IRA, while the ____ reports any money going into an IRA.
What is 1099r, 5498.
Year the IRS waived RMD requirements
What is 2020
Extension that handles Roth Conversions for RMS clients
What is Ret_specialized_pas_internal
Form used to process direct rollovers from VBA IRA account
The skip agenda topic focus on Thursdays
What is VOC
The tax form & supplemental letter a client writes to the IRS if they miss their RMD
What is IRS form 5329 and Letter of Forgiveness
I am a bene on my brothers IRA. My brother was 75 years old. I am 73 years old. What type of beneficiary am I?
What is eligible designated beneficiary?
Extension that handles Stock/ETF trades
What is Inv_Stock_ETF_InvestEducation_Internal
Instructions we provide when client wants to move their IRA here to an IRA at another institution
What is contact contra firm and have them initiate asset transfer with their paperwork via fax or mail
What is 615 AHT, 4.8% SDCB, 90% digital, 100% client availability
Coding for Direct Rollover on 1099R
What is Code G
I need to take a RMD, I just inherited my dads IRA who passed away in 2022- your website wont calculate it for me! How do we find the RMD for this client?
What is navigate to decedents profile, pass through decedent security, use their 2022 calculation and manually distribute out of inherited account.
Extension that handles asset transfers into a Simple IRA
What is Ret_SB_Internal
How to repay Coronavirus Distribution
What is Contribute to your Retirement Account Intelledox
List the 4 progression keys on the capabilities matrix
what is can perform with support, self sufficent, can train others, champion
IRS Form Clients need to file at Tax time when they distribute their contributions out of their Roth IRA
IRS Form 8606
If a spouse is NOT a sole bene on an IRA, they must first inherit the account. What do we need for them to send us in order to assume the account?
What is Letter of Instruction
Extension that handles 403(b) online acess
What is FNDS_Nonlicensed
Payment instructions (3 things) we need to submit Direct Rollover Form
What is 1) where we are sending the check 2)how the check should be made out 3)account number
List all 8 forms of waste
what is defects, waiting, transport, motion, overproduction, not utilizing talent, inventory, excess processing
Time frame are ER Sep IRA contributions reported on 5498
What is calendar year basis
Form 5498 shows employer contributions made between January 1st and December 31st of the tax year, regardless of the year for which they were intended to be contributed for.
If a charity inherited an IRA from Rose, who was 85 years old and passed away in 2022, what is the beneficiaries LEF based on?
What is the IRA owner’s remaining single-life expectancy (non-recalculated).
Extension that handles Education Savings Accounts
What is Inv_VGMutualFund_internal
What is this is not a permitted rollover per IRS rules
The Retirement Purpose
What is "We improve our clients ability to retire with confidence"