Common use of Recharacterizations Clause in Contracts

Recharacterizations. If you make a contribution to a Traditional XXX and later recharacterize either all or a portion of the original contribution to a Xxxx XXX along with net income attributable, you may elect to treat the original contribution as having been made to the Xxxx XXX. The same methodology applies when recharacterizing a contribution from a Xxxx XXX to a Traditional XXX. For tax years beginning before January 1, 2018, if you have converted from a Traditional XXX to a Xxxx XXX you may recharacterize the conversion along with net income attributable back to a Traditional XXX. The deadline for completing a recharacterization is your tax filing deadline (including any extensions) for the year for which the original contribution was made or conversion completed. However, effective for tax years beginning after December 31, 2017, you may not recharacterize a Xxxx XXX conversion.

Recharacterizations. If you make a contribution to a Traditional XXX IRA and later recharacterize either all or a portion of the original contribution to a Xxxx XXX along with net income attributable, you may elect to treat the original contribution as having been made to the Xxxx XXX. The same methodology applies when recharacterizing a contribution from a Xxxx XXX to a Traditional XXXIRA. For tax years beginning before January 1, 2018, if you have converted from a Traditional XXX IRA to a Xxxx XXX you may recharacterize the conversion along with net income attributable back to a Traditional XXXIRA. The deadline for completing a recharacterization is your tax filing deadline (including any extensions) for the year for which the original contribution was made or conversion completed. However, effective for tax years beginning after December 31, 2017, you may not recharacterize a Xxxx XXX conversion.

Recharacterizations. If you make a contribution to a Traditional XXX IRA and later recharacterize either all or a portion of the original contribution to a Xxxx XXX along with net income attributable, you may elect to treat the original contribution as having been made to the Xxxx XXX. The same methodology applies when recharacterizing a contribution from a Xxxx XXX to a Traditional XXXIRA. For tax years beginning before January 1, 2018, if you have converted from a Traditional XXX IRA to a Xxxx XXX you may recharacterize the conversion along with net income attributable back to a Traditional XXXIRA. The deadline for completing a recharacterization is your tax filing deadline (including any extensions) for the year for which the original contribution was made or conversion completed. However, effective for tax years beginning after December 31, 2017, you may not recharacterize a Xxxx XXX conversion.. LIMITATIONS AND RESTRICTIONS

Recharacterizations. If you make a contribution to a Traditional XXX IRA and later recharacterize re- characterize either all or a portion of the original contribution to a Xxxx XXX along with net income attributable, you may elect to treat the original contribution as having hav- ing been made to the Xxxx XXX. The same methodology applies when recharacterizing a contribution from a Xxxx XXX to a Traditional XXXIRA. For tax years beginning before January 1, 2018, if you have converted from a Traditional XXX IRA to a Xxxx XXX you may recharacterize the conversion along with net income attributable back to a Traditional XXXTradition- al IRA. The deadline for completing a recharacterization is your tax filing deadline (including any extensions) for the year for which the original contribution was made or conversion completed. However, effective for tax years beginning after December 31, 2017, you may not recharacterize a Xxxx XXX conversion.

Recharacterizations. If you make a contribution to a Traditional XXX IRA and later recharacterize either all or a portion of the original contribution to a Xxxx XXX along with net income attributable, you may elect to treat the original contribution as having been made to the Xxxx XXX. The same methodology applies when recharacterizing a contribution from a Xxxx XXX to a Traditional XXXIRA. For tax years beginning before January 1, 2018, if you have converted from a Traditional XXX IRA to a Xxxx XXX XXX, you may recharacterize the conversion along with net income attributable attribut- able back to a Traditional XXXIRA. The deadline for completing a recharacterization is your tax filing deadline (including any extensions) for the year for which the original contribution was made or conversion completed. However, effective for tax years beginning after December 31, 2017, you may not recharacterize a Xxxx XXX conversion.