SourceOfFundsTC

Description
Source of Funds Type Code

Type : OLI_LU_SOURCEOFFUNDS
DescriptionNameValue
1035 ExchangeOLI_SOURCE_1035EXCH2
AnnuityOLI_SOURCE_ANNUITY4
Brokerage AccountOLI_SOURCE_BROKERAGEACCT28
Certificate Of DepositOLI_SOURCE_CD13
Conversion ProceedsOLI_SOURCE_CONV29
Death BenefitOLI_SOURCE_DEATHBENEFIT3
DividendOLI_SOURCE_DIVIDENDS9
Earned IncomeOLI_SOURCE_EARNEDINC11
Employer ContributionOLI_SOURCE_ERCONTRIBUTION19
Full Cash SurrenderOLI_SOURCE_FULLCASHSURR6
GiftOLI_LU_SOURCE_GIFT18
InheritanceOLI_SOURCE_INHERITANCE31
Life InsuranceOLI_SOURCE_LIFEINSURANCE22
LoanOLI_SOURCE_LOAN8
Money from other policy reducing coverage amountOLI_SOURCE_REDUCTIONCOV10
Money Market FundOLI_SOURCE_MMKTFUND12
Multiple sources of funds such as Cash and 1035 moneyOLI_SOURCE_MULTIPLE98
Mutual FundOLI_SOURCE_MUTUALFUND16
OtherOLI_OTHER2147483647
Paid Up AdditionsOLI_SOURCE_PUA20
Partial Cash SurrenderOLI_SOURCE_PARTCASHSURR7
PensionOLI_SOURCE_PENSION5
Policy SplitOLI_SOURCE_POLICYSPLT30
Premium Deposit FundOLI_SOURCE_PREMDEPOSIT34
Provident FundOLI_SOURCE_PROVFUNDOWNED27
RetirementOLI_SOURCE_RETIREMENT32
Retirement Annuity FundOLI_SOURCE_RAFUNDOWNED26
Rollover/Transfer - Another Insurance PolicyOLI_SOURCE_XFERPOLICY17
Rollover/Transfer - Not PolicyOLI_SOURCE_XFERNOTPOLICY14
SavingsOLI_SOURCE_SAVINGS15
Social SecurityOLI_SOURCE_SOCIALSECURITY33
UnknownOLI_UNKNOWN0
Voluntary CashOLI_SOURCE_CASH1

Definition
The source of funds is used to capture the result of the event or transaction that generated or created funds, not the location or financial repository from which they were taken to satisfy the financial requirement of the transaction. Usage is not product specific. Although it is most frequently used for the initial lump sum payment on an annuity or the Cash With App payment on a life insurance policy, its use is not limited to those circumstances. For example it may indicate if it is from a death benefit or 1035 exchange.

Parents
Annuity Payment SourceOfFundsCC SourceOfFundsInfo