View source for IL211 Investment Maturity Notices

=='''Overview of IL211'''==


The Investment Maturity Notices report generates notices to send to your investors, notifying them of a maturing investment. The notice provides options that the investor has for either redeeming or reinvesting the investment. This report is typically configured to run as part of your organization's periodic job processing, and is generally set to run 60 days prior to investment maturity, allowing investors time to decide on their course of action. The pdf output displays information such as investment number, investor name, current investment type, purchase date and maturity date. You also have the option of generating a system file to csv, if desired. This report differs from [[IL212 Investment Maturity Notices]] in that IL212 allows you to generate notices by state, whereas this report does not. To generate the report:

NOTE: For IRAs, IL211 specifically sends maturity notices to the Pin (Investor) Home Address, regardless of which address is selected on the master account.  For non-IRAs, it uses the Master Account address.

* From the DDI Connect main menu, double-click Financial Services
* Double-click Investments
* Double-click Reports
* Double-click 211 Investment Maturity Notices. The parameters screen will launch:


[[File:IL211.png]]


=='''Criteria'''==


{| class="wikitable sortable"
|-
! '''Field''' !! '''Description'''
|-
| '''Start date''' || Enter the beginning date of the range you wish to report on. You can type it in a mm/dd/yyyy format or click the calendar icon to select the date
|-
| '''End date''' || Enter the ending date of the range you wish to report on. You can type it in a mm/dd/yyyy format or click the calendar icon to select the date
|-
| '''Investment''' || If you wish to generate the maturity notice for just a particular investment, you can type the investment number here or click the list icon to select from a list of investments in the system. Leave the field blank to generate for all eligible investments
|-
| '''Exclude IRAs''' || Add ability to exclude generating investment maturity notices for IRAs
|-
| '''Create notices''' || If this box is not checked, the report will run in preview mode and no notices will be created. If the box is checked, it enables the Merge Method field.  {{Merge Method}}
|-
| '''Transfer mode''' || You have the option of generating either a report only or selecting system file to create a csv extract of the report results. If you select system file, an additional field will enable, allowing you to save the file to the desired location
|-
| '''Sort mode''' || Sort results by Maturity Date and Account or Maturity Date and Investment Number
|-
| '''Display taxid in secure format''' || You have the option of displaying a secure taxid with just the last four digits shown
|-
| '''Mailing label''' || {{Mailing Label Method}}
|}

== '''Merge Form Selection Rules''' ==

{| class="wikitable"
|-
! Form !! Org !! Conditions
|-
| MTZ || All || When cannot determine state of residence of account owner
|-
| MTZ || All || When new investment type not found<br />
When new investment category not found<br />
When new state registration not found with starting date less than or equal to the business date
|-
| MTZ || All || When state sales associated with new state of residence, state registration, and current investment category not found
|-
| MTZ || All || When state sales associated with new state of residence and state registration not found
|-
| MTCA <br> MTKY <br> MTOR || ABEC || When new state of residence is CA, KY, or OR
|-
| MT[x] <br> MTIRA || All || Based on like-term investment notice method defined in investment system settings
|-
| MTRNW || All || Based on generic renewal notice method defined in investment system settings
|-
| MT[A-Z] || All || Based on matrix investment notice method defined in investment system settings and five conditions (IRA, Pre-1986 Sale, Exceeds Sales Limits, Extendable, and Maturity Notification Code) <br />
{| class="wikitable"
|-
! Form !! IRA !! Pre-1986 Sale !! Exceeds Sales Limit !! Extendable !! Notification Code
|-
| MTA || <div align="center">X</div> || <div align="center">X</div> || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">1</div>
|-
| MTB || <div align="center">X</div> || <div align="center">X</div> || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">2</div>
|-
| MTC || <div align="center">X</div> || <div align="center">X</div> || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">3</div>
|-
| MTD || <div align="center">X</div> || <div align="center">X</div> || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">4</div>
|-
| MTE || <div align="center">X</div> || <div align="center">X</div> || || <div align="center">X</div>  || <div align="center">1</div>
|-
| MTF || <div align="center">X</div> || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">2</div>
|-
| MTG || <div align="center">X</div> || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">3</div>
|-
| MTH || <div align="center">X</div> || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">4</div>
|-
| MTA || <div align="center">X</div> || <div align="center">X</div> || || || <div align="center">1</div>
|-
| MTB || <div align="center">X</div> || <div align="center">X</div> || || || <div align="center">2</div>
|-
| MTC || <div align="center">X</div> || <div align="center">X</div> || || || <div align="center">3</div>
|-
| MTD || <div align="center">X</div> || <div align="center">X</div> || || || <div align="center">4</div>
|-
| MTA || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">1</div> 
|-
| MTB || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">2</div> 
|-
| MTC || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">3</div> 
|-
| MTD || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">4</div> 
|-
| MTI || <div align="center">X</div> || || || <div align="center">X</div> || <div align="center">1</div> 
|-
| MTJ || <div align="center">X</div> || || || <div align="center">X</div> || <div align="center">2</div> 
|-
| MTK || <div align="center">X</div> || || || <div align="center">X</div> || <div align="center">3</div> 
|-
| MTL || <div align="center">X</div> || || || <div align="center">X</div> || <div align="center">4</div> 
|-
| MTA || <div align="center">X</div> || || || || <div align="center">1</div> 
|-
| MTB || <div align="center">X</div> || || || || <div align="center">2</div> 
|-
| MTC || <div align="center">X</div> || || || || <div align="center">3</div> 
|-
| MTD || <div align="center">X</div> || || || || <div align="center">4</div> 
|-
| MTM|| || <div align="center">X</div> || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">1</div> 
|-
| MTN || || <div align="center">X</div> || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">2</div> 
|-
| MTO || || <div align="center">X</div> || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">3</div> 
|-
| MTP || || <div align="center">X</div> || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">4</div> 
|-
| MTQ || || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">1</div> 
|-
| MTR || || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">2</div> 
|-
| MTS || || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">3</div> 
|-
| MTT || || <div align="center">X</div> || || <div align="center">X</div> || <div align="center">4</div> 
|-
| MTM || || <div align="center">X</div> || || || <div align="center">1</div> 
|-
| MTN || || <div align="center">X</div> || || || <div align="center">2</div> 
|-
| MTO || || <div align="center">X</div> || || || <div align="center">3</div> 
|-
| MTP || || <div align="center">X</div> || || || <div align="center">4</div> 
|-
| MTM || || || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">1</div> 
|-
| MTN ||  || || <div align="center">X</div> || <div align="center">N/A</div> || <div align="center">2</div> 
|-
| MTO || || || <div align="center">X</div> || <div align="center">N/A</div>  || <div align="center">3</div> 
|-
| MTP || || || <div align="center">X</div> || <div align="center">N/A</div>  || <div align="center">4</div> 
|-
| MTU || || || || <div align="center">X</div> || <div align="center">1</div> 
|-
| MTV || || || || <div align="center">X</div> || <div align="center">2</div> 
|-
| MTW || || || || <div align="center">X</div> || <div align="center">3</div> 
|-
| MTX || || || || <div align="center">X</div> || <div align="center">4</div> 
|-
| MTM || || || || || <div align="center">1</div> 
|-
| MTN || || || || || <div align="center">2</div> 
|-
| MTO || || || || || <div align="center">3</div> 
|-
| MTP ||  || || ||  || <div align="center">4</div> 
|}
{| class="wikitable"
|-
! Notification Code !! Description
|-
| <div align="center">1</div>  || Continue if no response
|-
| <div align="center">2</div> || No interest after maturity
|-
| <div align="center">3</div> || Pay at maturity if no response
|-
| <div align="center">4</div> || Transfer into demand note if no response
|}
|-
| MTM || All || When LSP Overide is TRUE and the current investment category is "0910"

|}

{{Mailmerge Field Explanation}}
{| class="wikitable"
|-
! Name !! Description
|-
| ExtractDate || 
|-
| Address1 || 
|-
| Address2 || 
|-
| Address3 || 
|-
| Address4 || 
|-
| Address5 || 
|-
| Address6 || 
|-
| Address7 || 
|-
| Investment || 
|-
| MaturityDate || 
|-
| PurchaseDate || 
|-
| Balance || 
|-
| ExtensionCode || 
|-
| Rate || 
|-
| Registration || 
|-
| MatExtCode || 
|-
| TermCat || 
|-
| CompanyDescr || 
|-
| OwnerSSN || 
|-
| OwnerPhone || 
|-
| OwnerDOB || 
|-
| BenefSSN || 
|-
| BenefPhone || 
|-
| BenefDOB || 
|-
| Relationship || 
|-
| CoOwnerAddress || 
|-
| EstEndBalance || 
|-
| NewRate || 
|-
| InvestDescr || 
|-
| OwnerPin ||
|}

{{Print Options}}


Click Start. The system will generate the report based on the parameters you selected, and display the results. Click below to view a sample of this report.

=='''Report Output'''==

Report output when sorting results by Maturity Date and Account

[[File:Sample IL211.pdf|'''Sample Report Output'''|thumb|center]]

Report output when sorting results by Maturity Date and Investment Number

[[File:IL211b.pdf|'''Sample Report Output'''|thumb|center]]


The actual notices must be merged via the Merge System in order for you to print and send. For information on using the Merge system, please reference this page:  [[Merging Documents]] Click below to view a sample maturity notice.


[[File:Sample Investment Maturity Notice.pdf|'''Sample Maturity Notice'''|thumb|center]]


{{Security Function Explanation}}
INVOPER

[[Category:Investments Reports]]
[[Category:Mail Merge Reports]]