Qualified Reservist Distributions. Early distributions paid to certain military reservists called to active duty after September 11, 2001 (“Qualified Reservist Distributions”) are eligible to be repaid to an IRA within a two-year period after the end of active duty. This provision applies to distributions made after September 11, 2001. Repayments cannot exceed the amount of your Qualified Reservist Distributions. Repayment cannot be made after the date that is two years after your active duty period ends. The repayments are not treated as rollovers.
Appears in 9 contracts
Samples: Adoption Agreement and Application for Individual Retirement Account (Ira), Adoption Agreement and Application for Individual Retirement Account (Ira), Adoption Agreement and Application for Individual Retirement Account (Ira)
Qualified Reservist Distributions. Early distributions paid to certain military reservists called to active duty after September 11, 2001 (“Qualified Reservist Distributions”) are eligible to be repaid to an IRA within a two-year period after the end of active duty. This provision applies to distributions made after September 11, 2001. Repayments cannot exceed the amount of your Qualified Reservist Distributions. Repayment cannot be made after the later of either the date that is two years after your active duty period ends, or August 16, 2008. The repayments are not treated as rollovers. For additional information refer to IRS Publication 590 under the heading “Qualified reservist repayments.”
Appears in 4 contracts
Samples: Inherited Ira Adoption Agreement, Ira Adoption Agreement, Inherited Ira Adoption Agreement
