60 Day Rollover
This type of account is not elilgible for a 60 day rollover.
Inherited Ira
What is the deadline for a Removal of Excess?
Tax filing Deadline
Letters of Testamentary are required for this type of Beneficiary
Estate
Can provide routing numbers for BOA accounts
Banking General
Email this team to expedite a wip
ML New Account Supervision
This method to deposit funds automatically codes as a rollover
Fed Fund Wire
True of False: Doing a ROE will remove the contribution from a clients account.
False
Which TIN is used when reporting for a inherited Trust
The Tin of the Trust
Handles MLOL Linking, CMA account opening and linking statements.
CAS Individual Joint and linking
No year end value
Low priced security
When does the 60 days start?
Who is responsible for calculating earnings?
The client and their TA
When opening this type of inherited IRA the original account holders name is no longer used in the account stencil
Second Generation
MAPS
When a client mistakenly takes a distribution they can do this to return the funds back to the account.
60 Day Rollover
This tax document reports funds leaving a retirement account.
1099-R
What LOA is used when doing a ROE with reallocation
A free form LOA and the 10187ez.
The spouse to the original account holder never looses the ability to do this.
Spousal Rollover
Address updates, Duplicate profiles
SN Profile Maintenance
A client mistakenly made a contribution to their account. They can do this to correct it.
ROE
True or False: The branch needs to use a special coding for a 60 day rollover.
False
This is done when removing a contribution past TFD with no extension
A Normal/Premature distribution
Accounts opened after ________ follow the 10 year rule
2020
SN Householding
If a bene passes away after the client who receives the assets.
Surviving spouse, if no surviving spouse then the estate