Search
K
Policy

IdentifiersRequest

object
correlationIdstring

The unique ID to track transaction request across all systems

Example:657b717b7dcf554abf9ef067

effectiveDatestring(date)

Date (with pattern “yyyy-mm-dd”)

Example:2023-01-01

identificationsarray[object]
Show Child Parameters
Example

AnnuitizationFeature

object
frequencystring

Allowed values:DAILYEVERYTWOWEEKSMONTHLYSEMIANNUALQUARTERLYANNUALSINGLEPAYMENT

firstPaymentDatestring(date)

Date (with pattern “yyyy-mm-dd”) when the transaction was originally scheduled or expected to happen, can be a non-business day

Example:2023-01-01

paymentFormstring

Allowed values:DTCCCREDITCARDACHCHECKWIREEXCHANGE

distributionCodestring

Allowed values:DEFAULTPREMATUREDISTRIBUTIONEXCEPTIONAPPLIESDISABILITYDEATHDEATHEXCLUSIONDEATHROLLOVEREXCHANGE1035NORMALDISTRIBUTIONCOSTOFCURRENTLIFEINSURANCEPROTECTIONQUALIFIEDROLLOVERROTHDISTRIBUTIONNOEXCEPTIONQUALIFIEDLOANDISTRIBUTIONPREMATURELOANDISTRIBUTIONQUALIFIEDROTHINDIVIDUALRETIREMENTARRANGEMENTDISTRIBUTIONROTHINDIVIDUALRETIREMENTACCOUNTSDISTRIBUTIONEXCEPTIONAPPLIESEXCESSCONTRIBUTIONSPLUSEARNINGSEXCESSDEFERRALSTAXABLEIN2009NONTAXABLEEVENTGROSSPAIDTOATTORNEYOTHERINCOMENONEMPLOYEECOMPENSATIONPREMATUREEXCEPTIONROYALTIESDEATHTRANSFER4HPROHIBITEDTRANSACTIONTENYEARTAXOPTIONTRUSTEETOTRUSTEETRANSFERQUALIFIEDDOMESTICRELATIONSORDERLIKETOLIKENO1099DISTRIBUTIONSUNDEREMPLOYEEPLANSCOMPLIANCERESOLUTIONSYSTEMCHARITABLEGIFTLOANSASDISTRIBUTIONSQUALIFIEDPLANLOANOFFSETRECHARACTERIZEDINDIVIDUALRETIREMENTARRANGEMENTCURRENTYEAREXCESSCONTRIBUTION1YEARPRIORTAXRECHARACTERIZEDINDIVIDUALRETIREMENTACCOUNTSPREVIOUSYEAREARLYDISTRIBUTIONFROMSAVINGSINCENTIVEMATCHPLANFOREMPLOYEESDIRECTTRANSFEREXCESSCONTRIBUTIONSPLUSEARNINGSEXCESSDEFERRALSANDOREARNINGSTAXABLEIN2024EXCESSCONTRIBUTIONS2YEARPRIORTAXDIRECTROLLOVERQUALPLANTAXSHELTEREDANNUITYSEPARATIONFROMSERVICEINDIVIDUALRETIREMENTARRANGEMENTTOROTHINDIVIDUALRETIREMENTARRANGEMENTQUALIFIEDDOMESTICRELATIONSORDERROLLOVERTOINDIVIDUALRETIREMENTARRANGEMENT2GQUALIFIEDDOMESTICRELATIONSORDERPAYMENTTOSPOUSEFIRSTTIMEHOMEBUYERINDIVIDUALRETIREMENTARRANGEMENTONLYEDUCATIONEXPENSEMEDICALEXPENSEFEEADMINFEEASSETFEECONTRIBUTIONFEELUMPSUMDEATHFEELUMPSUMDISABILITYFEELUMPSUMPURCHASEDANNUITYFEELUMPSUMOTHERFEENEWRETIREEWITHPERPAYMENTFEEEXISTINGRETIREMENTINFORCEFEECONTRACTFEEEXISTINGRETIREMENTINCREASEFEETHIRDPARTYLUMPSUMDEATHLUMPSUMDISABILITYLUMPSUMPURCHASEDANNUITYLUMPSUMOTHERFEEINTERNATIONALPROGRAMSGROUPEXPENSEFROMFUNDRELEASERESERVEHEALTHDEDUCTIONFEEMARKETVALUEFEEANNUITYADMINISTRATIONSECTION1035EXCHANGEPARTIALQUALIFIEDDOMESTICRELATIONSORDERNORMALDISTRIBUTIONQUALIFIEDDOMESTICRELATIONSORDERSECTION1035FEELONGTERMCAREINSURANCEDESIGNATEDROTHACCOUNTDISTRIBUTIONREPORTABLEDEATHBENEFITSUNDERSECTION6050YDISTRIBUTIONOFTRADITIONALINDIVIDUALRETIREMENTARRANGEMENTASSETSNOTHAVINGAREADILYAVAILABLEFAIRMARKETVALUEDIVIDENDSDISTRIBUTEDFROMANEMPLOYEESTOCKOWNERSHIPPLANSUNDERSECTION404KDIRECTROLLOVEROFADESIGNATEDROTHACCOUNTDEATHQUALIFIEDCHARITABLEDISTRIBUTIONNORMALQUALIFIEDCHARITABLEDISTRIBUTION

accountNumberstring

The account number for the annuitization feature

Example:123456789

participantIdstring

The participant ID for the annuitization feature

Example:123456789

Example

AdhocAnnuitization

object
correlationIdstring

The unique ID to track transaction request across all systems

Example:864e43a0-2c2f-4a11-9d7f-69ed40115066

effectiveDatestring(date)

Date (with pattern “yyyy-mm-dd”) when the transaction was originally scheduled or expected to happen, can be a non-business day

Example:2023-01-01

reverseInitiatorboolean

A boolean flag that applies only to financial transactions.
When set to true, it allows a backdated transaction to be processed.
This triggers a reversal on the policy to the earliest transaction on the specified effective date,
applies the new transaction, and then reprocesses all subsequent transactions (similar to (R&R) process).
This ensures that the policy`s financial history remains accurate and aligned with the backdated change.

externalIdentifiersobject
Show Child Parameters
taxWithholdingInstructionsobject
Show Child Parameters
partiesobject
Show Child Parameters
transactionAmountsobject
Show Child Parameters
Example

FormerOrganizationName

object
namestring

Former legal name of the Organization

Example:Karen Anne Bates

abbreviatedNamestring

The former shortened/abbreviated version of the organization`s name that is unique to the organization

Example:TBD

doingBusinessAsstring

The former name the organization is commonly known as

Example:TBD

Example

BusinessSchedule

object
businessHourStartstring(time)

Business Hour Start refers to the official start time of daily business operations for a specific organization, carrier, or department. In insurance and annuity systems, this value is often used to define operational cutoffs, processing schedules, customer service availability, and automated job executions

Example:14:00:00Z

businessHourEndstring(time)

Business Hour End refers to the official end time of daily business operations for a specific organization, carrier, or department. It defines the cutoff point for processing transactions, handling customer service requests, and running operational workflows on a given business day

Example:20:00:00Z

businessDaysarray[string]

Business Days refer to the official working days of the week during which business operations, transaction processing, and customer services are conducted. In insurance and annuity systems, business days determine when policies are processed, disbursements are executed, and service-level agreements (SLAs) are measured

Allowed values:MONDAYTUESDAYWEDNESDAYTHURSDAYFRIDAY

budgetCenterstring

Budget Center refers to a defined organizational unit within a company that is allocated a portion of the company’s overall budget and is responsible for tracking, managing, and controlling financial expenditures. In the context of insurance and annuity operations, a budget center is often linked to departments such as underwriting, claims, operations, or IT

Example:Everly/SB

Example