Common use of Rollovers and Transfers to Traditional IRAs Clause in Contracts

Rollovers and Transfers to Traditional IRAs. You may not roll SIMPLE IRA may include the result of your elective (including over or transfer assets from a SIMPLE IRA to a traditional IRA catch-up) deferrals exceeding the calendar year dollar amount limits, until the two-year holding period has expired. The one per 1-year your employer making matching or nonelective contributions which limitation applies to rollovers to traditional IRAs after the two-year exceed the limits for these contributions, or your employer making holding period has expired. contributions to your SIMPLE IRA after the date your employer

Appears in 11 contracts

Samples: Simple Ira Custodial Account Adoption Agreement, Simple Ira Custodial Account Adoption Agreement, Simple Ira Custodial Account Adoption Agreement

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