Common use of Rollovers to SIMPLE IRAs Clause in Contracts

Rollovers to SIMPLE IRAs. You are able to roll over amounts eligible retirement plans, or other nontaxable basis amounts, any from an eligible retirement plan or an IRA into a SIMPLE IRA as distributions you take from any of your traditional IRAs or SIMPLE follows: 1) During the first 2 years of participation in a SIMPLE IRAs, that are not rolled over, will return to you a proportionate IRA, you may roll over amounts from one SIMPLE IRA into share of the taxable and nontaxable balances in all of your another SIMPLE IRA, and 2) After the first 2 years of participation traditional IRAs and SIMPLE IRAs at the end of the tax year of complete IRS Form 8606 each year you take distributions under

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Rollovers to SIMPLE IRAs. You are able to roll over amounts eligible retirement plans, or other nontaxable basis amounts, any from an eligible retirement plan or an IRA XXX into a SIMPLE IRA XXX as distributions you take from any of your traditional IRAs or SIMPLE follows: 1) During the first 2 years of participation in a SIMPLE IRAs, that are not rolled over, will return to you a proportionate IRAXXX, you may roll over amounts from one SIMPLE IRA XXX into share of the taxable and nontaxable balances in all of your another SIMPLE IRAXXX, and 2) After the first 2 years of participation traditional IRAs and SIMPLE IRAs at the end of the tax year of complete IRS Form 8606 each year you take distributions under

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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Rollovers to SIMPLE IRAs. You are able to roll over amounts eligible retirement plans, or other nontaxable basis amounts, any from an eligible retirement plan or an IRA into a SIMPLE IRA as distributions you take from any of your traditional IRAs or SIMPLE follows: 1) During the first 2 years of participation in a SIMPLE IRAs, that are not rolled over, will return to you a proportionate IRA, you may roll over amounts from one SIMPLE IRA into share of the taxable and nontaxable balances in all of your another SIMPLE IRA, and 2) After the first 2 years of participation traditional IRAs and SIMPLE IRAs at the end of the tax year of complete IRA, an eligible retirement plan or an IRA into a SIMPLE IRA. in a SIMPLE IRA, you may roll over amounts from a SIMPLE your distributions. IRS Form 8606 each year you take distributions under8606, Nondeductible IRAs, has been

Appears in 1 contract

Samples: Custodial Account Adoption Agreement

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