Pensions

Pensions

Overview

Actions

Field Descriptions

Availability
  • Standard
  • Professional
  • Enterprise

Overview

Use the Pensions module to track a client's defined benefit plans.

Actions

Follow the instructions below to perform tasks such as creating, editing, and exporting Pension records.

To…

Then…

Create a Pension record

  1. Access the Pension Create form using one of the following:
    • Click Retirement Planning > Pensions > Create Pension from the Navigation menu.
    • Click Create New on the Pensions List View.
  2. Complete the Pension Create Form. See Field Descriptions for information about each field. Fields that have an asterisk (*) are required; you must enter data in the field to save the record.
  3. Click Save to save the record and view its detail page, or click Cancel .

Display a list of pensions

Click Retirement Planning > Pensions > View Pensions.
The Pensions List View displays.

Display the details for a pension

Click the Pension name in the Pensions List View.
The Pension Detail View displays.

Edit pension information

  1. Access the Pension Edit View by doing one of the following:
    • Click Edit in the Pension Detail View.
    • Click the edit icon (pencil) associated with the Pension record in the Pensions List View.
  2. Update the pension information. See Field Descriptions for information about each field.
  3. Click Save to update the record.

Suppress one or more Pension records

  1. In the Pensions List View, click the Selection box associated with the record(s) you want to suppress.
  2. Click Suppress.
    A confirmation box displays.
  3. Click OK.
    The records are suppressed.

You can also suppress a single Pension record by clicking Suppress on the Pension Detail View.

Update information related to multiple pensions

  1. In the Pensions List View, click the Selection box associated with the records you want to update.
  2. Click Mass Update in the Actions dropdown.

For more information, see Editing and suppressing multiple records.

Duplicate pensions information

Click Duplicate in the Pension Detail View. Duplication is a convenient way of creating a similar pension. You can change and save the information in the duplicate record to create a new record.

Find and merge duplicate records

Follow the instructions in Merging duplicate records.

Import Pension records

  1. Click Retirement Planning > Pensions > Import Pensions from the Navigation menu.
  2. Follow the instructions in Importing data.

Export records

  1. In the Pensions List View, click the Selection box associated with the records you want to export.
  2. Click Export in the dropdown and follow the instructions in Exporting data.

Field Descriptions

Fields that have an asterisk (*) are required; you must enter data in the field to save the record.

Client

Click the Client to which the Pension record applies on the Clients Popup List View (displays upon clicking the Selection arrow) or the list of Clients matching the character(s) you enter.

Contact

Click the Contact who receives the Pension on the Contacts Popup List View (displays upon clicking the Selection arrow) or the list of Contacts matching the character(s) you enter.

Pension*

Describe the defined benefit plan including the name of the company or organization sponsoring the pension. This is a mandatory field.

Single Monthly Benefit

Enter the monthly amount of the pension for a single recipient.

Single Annual Benefit

Enter the annual amount of the pension for a single recipient.

Joint Monthly Benefit

Enter the monthly amount of the pension for joint recipients.

Joint Annual Benefit

Enter the annual amount of the pension for joint recipients.

Benefit Start Date

Click on the Date Selector  to choose the date on which benefits began being paid or the date on which benefits will begin being paid.

Annual Increase

Enter the cost of living adjustment.

Benefit Start Date

Click on the Date Selector to choose the date on which benefits began being paid or the date on which benefits will begin being paid.

Period Certainty

Describe the payment terms the annuitant has selected such as certain and continuous, or certain.

Other Benefits

Describe other benefits associated with this pension, if any.

Survivor Benefits

Describe survivor benefits, if any.

Description

Enter additional information about the pension.

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