Oracle® Insurance Rules Palette Release 9.3.1.0 E21044_01
Withholdings are specific amounts or percentages that can be held for disbursements that are subject to taxes. Withholding only applies to plans with taxable events, such as a Variable Annuity.
Configure withholding to capture withholding values on the Policy screen or when an activity is being processed. Plan level withholding value defaults can also be set.