IRA Custodian Extract
Overview of IL368
Generate an IRA Custodian Extract that contains the necessary information needed by IRA custodians to update their systems.
- From the DDI Connect main menu, double-click Financial Services
- Double-click Investments
- Double-click Reports
- Double-click 368 IRA Custodian Extract. The parameters screen will launch:
You have the following fields available:
| Field | Description | ||||||
|---|---|---|---|---|---|---|---|
| Month end date | Typically a month end date. You can type the date in a mm/dd/yyyy format or click the calendar icon to select the date | ||||||
| Extract method |
| ||||||
| Extract file | NOTE: Required field visible when an "Extract method" other than None is chosen |
Print Options
After clicking the Print Options button you will see the following options. Choose the desired options and click OK to return to the report parameters screen.
| Option | Description |
|---|---|
| Printer | Click the drop down arrow to select from a list of available printers. DDI Connect uses your default printer unless told otherwise |
| Format | Click the drop down arrow to select from a list of available formats. Select paper size, number of columns, and number of rows for printing. Each report has built-in format defaults. Select “Use Defaults” to use the built-in report defaults. The number of rows and columns controls the print size and amount of information per page |
| Memo | If you wish, you can add a memo to the output of the report. NOTE: It is recommended that Word documents be saved with the .docx extension |
| View Report | This option generates a pdf file that is displayed on the screen when the report is generated |
| Archive Report | If this option is selected, the system will archive the report in the DDI Connect report archives. For information on working with archived reports, please reference this page: Archived Report Viewer |
| Print Report | If selected, the system will generate the report output to your default printer. NOTE: You will also receive a pdf version of the report, displayed on your screen |
| Print via PDF | Prints directly to your printer. |
| This option allows you to send a .pdf attachment of the report to the indicated users' email addresses. When OK is clicked, a dialog box will open requesting a recipient | |
| Duplex/Top | Prints the report on both sides of the paper in landscape style. The printer must be capable of printing on both sides or an error will occur |
| Duplex/Side | Prints the report on both sides of the paper in portrait style. The printer must be capable of printing on both sides or an error will occur |
| Green bar | Adds shaded, horizontal bars to the report, making it easier to read across columns |
| No dialog | Selecting this option means that no ‘Report Completed’ dialog will display after the report has been generated |
| Extra copies | If you want extra copies of the report generated, type the number in this field |
Click Start. If you elected to create statements, you will now need to merge them. The system will display a summary of the report results. Click below to view a sample of the summary output, as well as a sample statement.
Extract Methods
Goldstar
Goldstar requies a comma delimited file containing the following 8 fields
| Field | Label | Header text |
|---|---|---|
| 1 | Goldstar Account | Goldstar Account identifier, typically stored in DDI-Connect Investment CUSIP |
| 2 | Client Name | IRA investor name |
| 3 | Loan Extension Fund Asset Number | DDI-Connect Investment Number |
| 4 | Maturity Date | DDI-Connect Current Maturity Date |
| 5 | Interest Rate | DDI-Connect Investment Interest Rate |
| 6 | Period End Date | Typically a month-end date |
| 7 | Interest Paid This Month | Interest amount paid to IRA investor based on month-end date provided |
| 8 | Month End Balance | DDI-Connect Investment Current Principal Balance |
