Detailed Financial Planning › Example: How Financial Plan Data is Copied › Copy Benefit Plans

Copy Benefit Plans

Use the following procedure to copy an existing benefit plan to create a new benefit plan. You can copy the entire plan or just a portion of the plan. After copying the plan, you can modify it.

Follow these steps:

1. Open the investment.
2. Open the Financial Plans menu and click Benefit Plans.

   The benefit plans list appears.

3. Select the benefit plan you want to copy.
4. Open the Actions menu, and from General, click Copy Benefit Plan.

   The copy benefit plan page appears.

5. Complete or review the following fields in the Copy Data from Source Benefit Plan section:

   Source Plan Name

   Displays the source plan name.

   Start Period

   Defines the start copy period. Data is copied to the target plan based on this start period and the target plan start period.

   Default: The source plan start period.

   End Period

   Defines the end copy period. Data is copied to the target pan based on this end period and the target plan end period.

   Default: The source plan end period.

   Scale By %

   Defines the percentage by which to scale (increase or decrease) the dollar values in the copied plan.

   Example: Enter 75 percent to increase the values from the source plan by 75 percent from their original.

   Default: 0%. No change in values.

6. Complete the following fields in the Target Benefit Plan section of the page.

   Plan Name

   Defines the target plan name.

   Default: The name of the source plan prefixed with "Copy of".

   Plan ID

   Defines the target plan unique ID.

   Default: The ID of the source plan prefixed with "Copy of".

   Period Type

   Displays the fiscal period type.

   Default: The fiscal period type of the source plan. You cannot change the default period type.

   Plan Start Period

   Defines the target plan start period.

   Default: The start period of the source plan.

   Plan End Period

   Defines the target plan end period.

   Default: The end period of the source plan.

7. Save the changes.

   The benefit plan properties appear displaying the newly copied benefit plan values.

8. Review the amount in the Total Benefit field that reflects the scaling percentage applied when copying data from the source plan.
9. Click Detail to review or change the benefit plan details.

   The total benefit amount is broken down for the new planning periods. Zero values appear for the periods that are no longer a part of the new benefit plan.

More information:

Benefit Plans

About Copying Financial Plans

Example: How Financial Plan Data is Copied