RPS NH Review

You are required to verify the participant's phone number, email address, AND mailing address when

• The participant is initiating a distribution or loan from the account

• You're creating paperwork in Dime/ submitting a Work Request for paperwork

• You are processing a transaction that will initiate paperwork to be sent

• All of the above

How do you authenticate an internal business partner (i.e. fellow Schwabbie)?

• Ask for their name & look them up in the Schweb

• Ask for their name & send them a private IM

• Ask for the Word of the Day

• Ask for the name of Chuck's more recent book

True or False: You CANNOT continue with Authentication if the participant can't correctly answer their security question (aka secret question)

• True

• False

Which of the following is NOT a standard identifier that can be used for authentication?

• DOB

• DOT

• DOH

• DOP

What tab in PSL do you access to reset an online password or generate an access code?

• Security

• PSL Home

• eServices

• Web Setup

A participant adds their spouse as 100% primary beneficiary and their sister as 100% contingent beneficiary. What do you need to do after saving all bene info?

• Nothing- the process is complete

• Advise the ptp to contact their employer for a physical confirmation

• Request a Confirm Letter be sent

• Request a Spousal Consent Form be sent

True or False: All participants can access their 401k by going to workplace.schwab.com, schwabplan.com, OR schwab.com

• True

• False

Name the limit and dollar amount for employee contributions in 2023

• 415 Limit/ $66,000

• 402(g) Limit/ $22,500

• 415 Limit/ $22,500

• 402(g) Limit/ $66,000

Name the limit and dollar amount for employee AND employer contributions in 2023

• 415 Limit/ $66,000

• 402(g) Limit/ $22,500

• 415 Limit/ $22,500

• 402(g) Limit/ $66,000

All of the following Contribution Types are subject to the 402(g) limit EXCEPT

• Pre-Tax

• Roth

• After-Tax

• All of the above