SWD

Question 1

How swd work

Answer 1

Get payments in multiple partials w/o form

Question 2

No swd

Answer 2

1 partial 1 total

Question 3

2 options for swd

Answer 3

1. Rmd

2. Installments

Question 4

No RMD

Answer 4

Turns off swd

Question 5

To get installments but has RMD

Answer 5

Tpa or client update PIF

Or check section 7 on form

Question 6

To add swd

Answer 6

Contract ammendment form

Question 7

Rmd paid

Answer 7

Yearly

Question 8

Installments paid

Answer 8

Multiple options

Question 9

Swd paid

Answer 9

Ach

Question 10

Need for sed payments

Answer 10

Void check

Question 11

Who can sign swd form

Answer 11

Ppt and authorized plan person (pen in navsmart)

Question 12

Can swd be cancelled

Answer 12

Yes on form

Question 13

Close loans for swd?

Answer 13

Installments close out loan

Question 14

Taxes applied to swd

Answer 14

Fed, state, + penalty

Question 15

When Tpa fee for swd applied?

Answer 15

1st payout from ab

Question 16

JH swd fee taken from

Answer 16

AB not payout

Question 17

Swd tax under 10 years

Answer 17

20%

Question 18

Swd tax after 10 years

Answer 18

10%

Question 19

Can swd roll over?

Answer 19

Never

Question 20

$ minimum for installment

Answer 20

5k

Question 21

$ min for rmd

Answer 21

None

Question 22

Rmd calculates totals

Answer 22

jh

Question 23

Installment fixed period

Answer 23

How long + JH gives $ amount

Question 24

Installments fixed amount

Answer 24

$ amount + until AB is zero or TO WD

Question 25

How to cancel swd

Answer 25

Same form as adding it

Question 26

How many active swd

Answer 26

PSW

Question 27

Anything on contract ammendment form can be found on this apollo screen

Answer 27

Cn

Question 28

Apollo status for parent swd until it is paid out

Answer 28

Wb

Question 29

Swd ied date (parent txn)

Answer 29

Next payout date

Question 30

How long after oayout date do ppt get $?

Answer 30

3-5 business days