Common use of Rollovers and Conversions Clause in Contracts

Rollovers and Conversions. Your IRA may be rolled over to another IRA of yours, or may receive rollover contributions. Your Traditional IRA or SIMPLE IRA may be converted to a Xxxx XXX, provided that all of the applicable rollover and conversion rules are followed. Rollover is a term used to describe a movement of cash or other property to your IRA from another IRA, or from your employer’s qualified retirement plan, 403(a) annuity plan, 403(b) tax-sheltered annuity, or 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan to your IRA. Conversion is a term used to describe the movement of Traditional or SIMPLE IRA assets to a Xxxx XXX. A conversion and employer-sponsored retirement plan rollover to a Xxxx XXX is generally a taxable event. The general rollover and conversion rules are summarized below. These transactions are often complex. If you have any questions regarding a rollover or conversion, please see a competent tax advisor.

Appears in 41 contracts

Samples: Ira Prototype Plan Agreement, Ira Prototype Plan Agreement, Ira Prototype Plan Agreement

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Rollovers and Conversions. Your IRA may be rolled over to another IRA IRA, SIMPLE IRA, or an eligible employer-sponsored retirement plan of yours, or may receive rollover contributions. Your Traditional IRA , or SIMPLE IRA may be converted to a Xxxx XXX, provided that all of the applicable rollover and conversion rules are followed. Rollover is a term used to describe a movement of cash or other property to your IRA from another IRA, or from your employer’s qualified retirement plan, 403(a) annuity planannuity, 403(b) tax-tax- sheltered annuity, or 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan Plan. The amount rolled over is not subject to your IRAtaxation or the additional 10 percent early distribution penalty tax. Conversion is a term used to describe the movement of Traditional or SIMPLE IRA assets to a Xxxx XXX. A conversion and employer-sponsored retirement plan rollover to a Xxxx XXX generally is generally a taxable event. The general rollover and conversion rules are summarized below. These transactions are often complex. If you have any questions regarding a rollover or conversion, please see a competent tax advisor.

Appears in 12 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Trust Account Agreement, Individual Retirement Account Custodial Agreement

Rollovers and Conversions. Your IRA may be rolled over to another IRA IRA, SIMPLE IRA, or an eligible employer-sponsored retirement plan of yours, or may receive rollover contributions. Your Traditional IRA , or SIMPLE IRA may be converted to a Xxxx XXX, provided that all of the applicable rollover and conversion rules are followed. Rollover is a term used to describe a movement of cash or other property to your IRA from another IRA, or from your employer’s qualified retirement plan, 403(a) annuity planannuity, 403(b) tax-sheltered annuity, or 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan Plan. The amount rolled over is not subject to your IRAtaxation or the additional 10 percent early distribution penalty tax. Conversion is a term used to describe the movement of Traditional or SIMPLE IRA assets to a Xxxx XXX. A conversion and employer-sponsored retirement plan rollover to a Xxxx XXX generally is generally a taxable event. The general rollover and conversion rules are summarized below. These transactions are often complex. If you have any questions regarding a rollover or conversion, please see a competent tax advisor.

Appears in 8 contracts

Samples: Traditional Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

Rollovers and Conversions. Your IRA may be rolled over to another IRA IRA, SIMPLE IRA, or an eligible employer-sponsored retirement plan of yours, or may receive rollover contributions. Your Traditional IRA , or SIMPLE IRA may be converted to a Xxxx XXX, provided that all of the applicable rollover and conversion rules are followed. Rollover is a term used to describe a movement of cash or other property to your IRA from another IRA, or from your employer’s qualified retirement plan, 403(a) annuity planannuity, 403(b) tax-sheltered annuity, or 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan Sav- ings Plan. The amount rolled over is not subject to your IRAtaxation or the additional 10 percent early distribution penalty tax. Conversion is a term used to describe the movement of Traditional or SIMPLE IRA assets to a Xxxx XXX. A conversion and employer-sponsored retirement plan rollover to a Xxxx XXX generally is generally a taxable event. The general rollover and conversion rules are summarized below. These transactions trans- actions are often complex. If you have any questions regarding a rollover or conversion, please see a competent tax advisor.

Appears in 4 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

Rollovers and Conversions. Your IRA may be rolled over to another IRA IRA, SIMPLE IRA, or an eligible employer‐sponsored retirement plan of yours, or may receive rollover contributions. Your Traditional IRA , or SIMPLE IRA may be converted to a Xxxx XXX, provided that all of the applicable rollover and conversion rules are followed. Rollover is a term used to describe a movement of cash or other property to your IRA from another IRA, or from your employer’s qualified retirement plan, 403(a) annuity planannuity, 403(b) tax-tax‐ sheltered annuity, or 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan Plan. The amount rolled over is not subject to your IRAtaxation or the additional 10 percent early distribution penalty tax. Conversion is a term used to describe the movement of Traditional or SIMPLE IRA assets to a Xxxx XXX. A conversion and employer-sponsored retirement plan rollover to a Xxxx XXX generally is generally a taxable event. The general rollover and conversion rules are summarized below. These transactions are often complex. If you have any questions regarding a rollover or conversion, please see a competent tax advisor.

Appears in 3 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

Rollovers and Conversions. Your IRA may be rolled over to another IRA IRA, SIMPLE IRA, or an eligible employer-sponsored retirement plan of yours, or may receive rollover contributions. Your Traditional IRA , or SIMPLE IRA may be converted to a Xxxx XXX, provided that all of the applicable rollover and conversion rules are followed. Rollover is a term used to describe a movement of cash or other property to your IRA from another IRA, or from your employer’s qualified retirement plan, 403(a) annuity planannuity, 403(b) tax-sheltered annuity, or 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan Plan. The amount rolled over is not subject to your IRAtaxation or the additional 10 percent early distribution penalty tax. Conversion is a term used to describe the movement of Traditional or SIMPLE IRA assets to a Xxxx XXX. A conversion and employer-sponsored retirement plan rollover to a Xxxx XXX generally is generally a taxable event. The general rollover and conversion rules are summarized below. These transactions are often complex. If you have any questions regarding a rollover or conversion, please see pleasesee a competent tax advisor.

Appears in 3 contracts

Samples: Ira Plan Agreement & Disclosure, Traditional and Roth Ira Plan Agreement & Disclosure, Traditional and Roth Ira Plan Agreement & Disclosure

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Rollovers and Conversions. Your IRA may be rolled over to another IRA IRA, SIMPLE IRA, or an eligible employer‐sponsored retirement plan of yours, or may receive rollover contributions. Your Traditional IRA , or SIMPLE IRA may be converted to a Xxxx XXX, provided that all of the applicable rollover and conversion rules are followed. Rollover is a term used to describe a movement of cash or other property to your IRA from another IRA, or from your employer’s qualified retirement plan, 403(a) annuity planannuity, 403(b) tax-sheltered tax‐sheltered annuity, or 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan Plan. The amount rolled over is not subject to your IRAtaxation or the additional 10 percent early distribution penalty tax. Conversion is a term used to describe the movement of Traditional or SIMPLE IRA assets to a Xxxx XXX. A conversion and employer-sponsored retirement plan rollover to a Xxxx XXX generally is generally a taxable event. The general rollover and conversion rules are summarized below. These transactions are often complex. If you have any questions regarding a rollover or conversion, please see a competent tax advisor.

Appears in 1 contract

Samples: Individual Retirement Custodial Account Agreement

Rollovers and Conversions. Your IRA may be rolled over to another IRA IRA, SIMPLE IRA, or an eligible employer-sponsored retirement plan of yours, or may receive rollover roll- over contributions. Your Traditional IRA , or SIMPLE IRA may be converted to a Xxxx XXX, provided that all of the applicable appli- cable rollover and conversion rules are followed. Rollover is a term used to describe a movement of cash or other property to your IRA from another IRA, or from your employer’s qualified retirement plan, 403(a) annuity planannuity, 403(b) tax-sheltered annuity, or 457(b) eligible governmental deferred compensation plan, or federal Thrift Savings Plan Plan. The amount rolled over is not subject to your IRAtaxation or the additional 10 percent early distribution penalty tax. Conversion is a term used to describe the movement of Traditional or SIMPLE IRA assets to a Xxxx XXX. A conversion and employer-sponsored retirement plan rollover to a Xxxx XXX generally is generally a taxable event. The general rollover and conversion rules are summarized below. These transactions are often complex. If you have any questions regarding a rollover or conversion, please see a competent tax advisor.

Appears in 1 contract

Samples: Traditional Ira Plan Agreement

Rollovers and Conversions. Your IRA may be rolled over to another IRA IRA, SIMPLE IRA, or an eligible employer-sponsored retirement plan of yours, or may receive rollover contributions. Your Traditional IRA , or SIMPLE IRA may be converted to a Xxxx XXX, provided that all of the applicable rollover and conversion rules are followed. Rollover is a term used to describe a movement of cash or other property to your IRA from another IRA, or from your employer’s qualified retirement plan, 403(a) annuity planannuity, 403(b) tax-sheltered annuity, or 457(b) eligible governmental govern- mental deferred compensation plan, or federal Thrift Savings Plan Plan. The amount rolled over is not subject to your IRAtaxation or the additional 10 percent early distribution penalty tax. Conversion is a term used to describe the movement of Traditional or SIMPLE IRA assets to a Xxxx XXX. A conversion and employer-sponsored retirement plan rollover to a Xxxx XXX generally is generally a taxable event. The general rollover and conversion rules are summarized below. These transactions are often complex. If you have any questions regarding a rollover or conversion, please see a competent tax advisor.

Appears in 1 contract

Samples: Account Agreement

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