Rollovers or Direct Rollovers from Eligible Retirement Plans Sample Clauses

Rollovers or Direct Rollovers from Eligible Retirement Plans. You may directly or indirectly roll over assets from an eligible retirement plan sponsored by your employer into your Xxxx XXX (also referred to as qualified rollovers). You are responsible for the consequences of rolling over assets, including designated Xxxx account assets, to a Xxxx XXX. Your plan administrator or employer is responsible for determining the amount of your assets in its eligible retirement plan that is eligible for rollover to a Xxxx XXX. Assets in a Xxxx XXX are not eligible to be rolled over to an eligible retirement plan.
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Rollovers or Direct Rollovers from Eligible Retirement Plans. You eligibility for an extension with respect to a rollover into an IRA. It may directly or indirectly roll over assets from an eligible retirement provides that we may rely on the certification provided by you in plan sponsored by your employer into your Xxxx XXX (also referred to accepting and reporting receipt of a rollover contribution after the as qualified rollovers). You are responsible for the consequences of 60-day period (i.e., a late rollover) if we don't have actual knowledge rolling over assets, including designated Xxxx account assets, to a that is contrary to the self-certification. Xxxx XXX. Your plan administrator or employer is responsible for

Related to Rollovers or Direct Rollovers from Eligible Retirement Plans

  • Direct Rollover A direct rollover is a payment by the Plan to the eligible retirement plan specified by the distributee.

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