_{Oracle® Insurance Policy Administration 9.5.0.0 E23638_01}

Plan Withholding

Withholdings are specific amounts or percentages that can be held from disbursements that are subject to state and federal taxes. Withholding only applies to plans with taxable events, such as a Variable Annuity.

All plan withholding data can be viewed in OIPA from the Plan menu, when the Plan Withholding option is selected.

Plan Menu and Plan Withholding Option

Security

Security is assigned to the Plan Fields, Plan Withholding and Plan Allocation options on the Plan menu in order to control user access to this information. If a user is not assigned the proper security access, then a Page Not Authorized error will occur.

Page Not Authorized Error for Plan Data

Steps to Access Plan Withholding Data

1. Click Plan on the Main menu.
2. Click Plan Withholding on the option drop down list.
3. Select the Company name associated with the plan from the Company Name drop down list.
4. If Plan Groups are enabled, then select the plan group associated with the plan from the Plan Group drop down list.
5. Select the plan from the Plan drop down list. The withholding values will display on the screen.

The information displayed is read only and may not be updated.

Plan Withholding Values Displayed in OIPA

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