Most Popular Operations Content
10 Years to distribute an IRA?
08/06/2023
Does a designated beneficiary have 10 years to distribute the entire balance of the IRA?
Last RMD if decedent did not take? Who gets it?
08/06/2023
Does the beneficiary of the IRA have to take the last RMD if the owner did not take it?
MMDA Excess Fees
08/06/2023
Can we still charge a fee for excess money market transactions even though Federal Reserve eliminated the 6 per month transaction limit?
Adding a POD after death?
08/06/2023
We had a customer call to list two people as PODs on his account. He had recently been diagnosed with stage 4 cancer. We printed all new forms for him to come in and sign. We confirmed this customer when he called. He passed away before he could sign. Can we honor the customers wishes if we put "as per verified telephone call" and show the date of the call?
Desktop tickler apps and exception tracking
08/06/2023
What is a desktop tickler app and why do financial institutions use them?