Rollovers. Xxxxxxxxx ESA amounts may be rolled over to another Xxxxxxxxx ESA of the same designated beneficiary or that of a qualified family member, provided that all of the applicable rollover rules are followed. Rollover is a term used to describe a tax-free movement of cash to a Xxxxxxxxx ESA from another Xxxxxxxxx ESA. The rollover rules are generally summarized below. These transactions are often complex. For questions regarding a rollover, please see a competent tax advisor.
Appears in 18 contracts
Samples: Coverdell Education Savings Account Custodial Account Agreement, Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Account Agreement
Rollovers. Xxxxxxxxx ESA amounts may be rolled over to another Xxxxxxxxx ESA of the same designated beneficiary Designated Beneficiary or that of a qualified family member, provided that all of the applicable rollover rules are followed. Rollover is a term used to describe a tax-free movement of cash to a Xxxxxxxxx ESA from another Xxxxxxxxx ESA. The rollover rules are generally summarized below. These transactions are often complex. For If you have any questions regarding a rollover, please see a competent tax advisor.
Appears in 3 contracts
Samples: Custodial Education Savings Account Agreement, Custodial Education Savings Account Agreement, Custodial Education Savings Account Agreement
Rollovers. Xxxxxxxxx ESA amounts may be rolled over to another Xxxxxxxxx ESA of the same designated beneficiary or that of a qualified family member, provided that all of the applicable rollover rules are followed. Rollover is a term used to describe a tax-free tax‐free movement of cash to a Xxxxxxxxx ESA from another Xxxxxxxxx ESA. The rollover rules are generally summarized below. These transactions are often complex. For questions regarding a rollover, please see a competent tax advisor.
Appears in 1 contract
Samples: Coverdell Education Savings Account Custodial Account Agreement