SAP ABAP IMG Activity SIMG_V_TRTP_US_SLIFE (Maintain single life expectancy)
Hierarchy
☛ EA-FINSERV (Software Component) SAP Enterprise Extension Financial Services
   ⤷ IS-B-BCA (Application Component) Bank Customer Accounts
     ⤷ BCA_US (Package) BCA modification for US specific requirements
IMG Activity
ID SIMG_V_TRTP_US_SLIFE Maintain single life expectancy  
Transaction Code S_ALN_01000263   (empty) 
Created on 20011128    
Customizing Attributes SIMG_V_TRTP_US_SLIFE   Maintain Individual Life Expectancy 
Customizing Activity SIMG_V_TRTP_US_SLIFE   Maintain single life expectancy 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name SIMG_V_TRTP_US_SLIFE    

This transaction is needed to enable the determination of the required minimum distribution for a beneficiary of a retirement plan. The required minimum distribution for each year can be found by dividing the IRA account balance as of the close of business on December 31 of the preceding year, by the applicable life expectancy. (source: IRS publication 590). The life expectancy of a beneficiary is age dependent. This transaction is used to maintain the life expectancy vs age. The life expectancy vs age can be found in IRS publication 590.

Example

Requirements

Standard settings

Recommendation

Activities

Further notes

Business Attributes
ASAP Roadmap ID 204   Establish Functions and Processes 
Mandatory / Optional 1   Mandatory activity 
Critical / Non-Critical 1   Critical 
Country-Dependency A   Valid for all countries 
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG SIMG_V_TRTP_US_SLIFE 0 KI43000001 Business partner 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
V_TRTP_US_SLIFE V - View SM30  
History
Last changed by/on SAP  20030516 
SAP Release Created in 110