IGO Checks
What is the first place to review prior to processing
What is AWD History
At what age can a IRA owner begin distributions from their account without penality
What is age 59 1/2
What is the correct work type for a request to move from a Class A single account to a MAP IRA?
What is MTRANSIN
If an account is currently Age Based in fund 802 and the request is to exchange into fund 406 is it in good order?
What is, No - Fun 406 is a static fund and age based and static cannot be commingled.
What is the age of Termination for the state of KS
What is age 21
What status is used to send an item to Dealer Services?
What is ISREVIEW
At what age is a ROTH account owner required to start Required Minimum Payouts?
What is Never. RMD is not required for ROTH
What steps do you take if an EXCHANGE request is received on a SPA account?
What is Change the status to NIGOTEAM with comments stating that an exchange cannot be processed within a IA product.
The the minor is at age 10 and is an Age Based account what is the correct fund?
What is fund 802
What money market fund is allowed in an institutional registration
What is fund 670
Who's signature is required to exchange in a Joint Account?
Who are all owners
What is the maximum contribution amount for a shareholder who is 52 years old, into an IRA plan
What is $6000.00
What work type is cloned on a MAP DOD - Date of Death work type?
What is MDEATH
When transferring from a Coverdell to a 529 InvestEd Plan what are the first steps that must be taken
What is, Complete all IGO checks and change the status to REVIEW to route the item to the Resource Center.
What is the correct backdated reason code to backdate one business day after 9:00am
What is reason code 003-Multi Day Processing
What step needs to be taken when a two day backdate is requested?
What is management approval
What distribution reason code is utilized to transfer from a IRA to a ROTH?
When transferring All funds/shares from a MAP account to a HWP account at Pershing what is the first step that needs to be taken?
What is, insure the "to" account is the same registration type and all BIN's are established and then transfer is IGO
What are the IGO checks when transferring from one BENE to another BENE
What is, Signature of the account owner, insure the fund to transfer from is valid, insure the amount to transfer is valid, insure the "to" account is valid and is for the correct BENE
What day and time are our weekly stand-up meetings?
What ProShare Class A fund is allowed in an account with a W&R adviser?
What is fund 660 - Ivy ProShares MSCI ACWI Index fund
What distribution reason code is utilized to transfer from a 403(b) to a IRA?
What is Direct Rollover to a IRA
What is Yes, because Cost Basis needs to be reported from I class to I class and then cross class exchanged into the final A class account.
When transferring from a Age Based account with one owner to a static account with a different owner what are the IGO checks?
What is, The request is NIGO because plan types cannot be changed with changing ownership.
What are funds 651/751 commonly referred to as?