Deposit Screens > Retirement Screen Group > Retirement Plan Screen > Beneficiaries tab

Use this field group to view and edit information about the beneficiaries listed on a customer retirement plan.

Only primary beneficiaries should be entered on this screen. Contingent beneficiaries should only be added to a plan through this screen if all primary beneficiaries are deceased. Only beneficiaries who benefit from a percentage of the retirement plan should be entered here. All beneficiaries (and their addresses, if different than the plan owner's address) must be set up in CIF as members of the plan owner's household before they can be designated as beneficiaries on this screen.

drrp_benficiarydetail

Select a beneficiary in the Beneficiary Information list view to populate the fields on this screen with that beneficiary's information. The beneficiary's information can then be edited. The fields in this field group are as follows:

Field	Description
Name Mnemonic: RMBNFN	Use this field to indicate the name of the beneficiary being added to the list. Only beneficiaries that have been properly set up as members of the plan owner's household in CIF will appear as possible selections in this field.
Address Mnemonic: RMBNFA	Use this field to indicate the address of the beneficiary being added to the list. Only addresses that have been properly set up in relation to the plan owner in CIF will appear as possible selections in this field.
Sequence Number Mnemonic: RMBNFC	This field displays the system-defined sequence number associated with the indicated beneficiary. It is not file maintainable.
Distribution Option Mnemonic: RMPYOP	Use this field to indicate the type of death distributions requested by the beneficiary. This field should be blank until the death of the retirement plan owner, after which two options are available to enter in this field: "1" (5-year rule) or "2" (life expectancy).
Five Year Limit Mnemonic: WKDT06	Help for this field is currently unavailable.
Original Percent Mnemonic: RMBNOP	Use this field to indicate the initial percentage of the retirement plan available to the beneficiary upon the death of the plan owner. This field is file maintainable until the death of the plan owner, at which point the value in this field will be moved to the Current Percent field.
Current Percent Mnemonic: RMBNCP	This field contains the percentage of the retirement plan available to the beneficiary after the death of the plan owner. Once a value is entered in the Date of Death field, the value in the Original Percent field will be moved to this field.
Current Value Mnemonic: WKTOT1	This field displays the current monetary value of the beneficiary's share of the retirement plan.
Spousal Beneficiary? Mnemonic: RMSPSL	Use this field to indicate whether the beneficiary is a spouse of the plan owner.