CAMS-ii â„¢ Release v. 5.5.1 Online Training, April 23, 2020, 9:30 EDT
There are significant changes coming to the Loan Process. We recommend that all Loan Officers and Management plan to attend.
Topic: 5.5.1 Release
Time: Apr 23, 2020 09:30 AM Eastern Time (US and Canada)
Join Zoom Meeting
https://zoom.us/j/97273970229?pwd=dXUvWDAwenpDRzhUQUowaWZyeC9RZz09
Meeting ID: 972 7397 0229
Password: 675264
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Meeting ID: 972 7397 0229
Password: 675264
Click here to view and print a final draft of the CAMS-ii Release version 5.5.1 Release Notice.
Setting IRA and HSA Contribution Dates in CAMS-ii
CAMS-ii has two parameters that you can set to comply with the IRS changes to the contribution dates for IRAs and HSAs, respectively.
If you have any questions concerning the date changes for IRAs, HSAs, or any other changes to IRS regulations related to COVID-19, please consult your accountant.
For IRAs:
- Go to Back Office > Standard > Parameters. The scrolling Level Four Parameters menu appears on the left.
- Click Control-IRAs. The IRA Control Data screen appears.
- Scroll down to the Cutoff Day for Previous Year Contributions Month and day drop-downs and set the month and date.
- Click Accept.
For HSAs:
- Go to Back Office > Standard > Parameters. The scrolling Level Four Parameters menu appears on the left.
- Click Control-Health Savings. The HSA Control Data screen appears.
- Scroll down to the Cutoff Day for Previous Year Contributions Month and day drop-downs and set the month and date.
- Click Accept.