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