T R A I N I N G GU I D E 12
Since our example account is an IRA, there will be an option to indicate if the initial funding will be coded as a
current- or prior-year contribution. Prior-year will only be available until April 15 of the current year.
Next, you can select to set up standing instructions for an outgoing Wire or ACH to a first party. This requires the
bank, account type, account name and number, and routing number. Wires allow an optional choice of adding a
For Further Credit section.
Next, you can choose the statement default frequency to be either Quarterly or Monthly.
