New reports can give you more insight into client my529 accounts
my529 now offers capability to view four new reports with information about your clients’ accounts and your firm’s user settings.
The following reports are available:
- Upcoming Transactions — A summary of all transactions scheduled for my529 accounts under your LPOA firm login.
- Completed Transactions Detail — Details of each transaction completed for my529 accounts under your LPOA firm login. Advisors can select a custom date range.
- Rollover Summary — Details and status of all rollovers from other 529 plans to my529 accounts under your LPOA firm login. Advisors can select a custom date range.
- User Report: Advisor Permissions — Permissions granted to each of your firm’s users.
With the above information, advisors can see account activity for all clients on one screen, rather than having to click on each account. Once a report is generated, the information can be sorted and searched to easily find specific clients, transaction types, and other data. The report may also be exported to an Excel spreadsheet. On each report, advisors will be able to see only information for accounts to which they have been granted access.
To access the reports, log in to the portal and click the menu icon in the top left corner:
Then, click Reports
Advisors who have been granted permission to view reports will have access. Advisors who don’t have report access can inquire with their firm’s Master Administrator.