Common use of SIMPLE XXX to Traditional XXX Rollovers Clause in Contracts

SIMPLE XXX to Traditional XXX Rollovers. Assets distributed from your SIMPLE XXX may be rolled over to your Traditional XXX without IRS penalty tax provided two years have passed since you first participated in a SIMPLE XXX plan sponsored by your employer. As with Traditional XXX-to-Traditional XXX rollovers, the requirements of IRC Sec. 408(d)(3) must be met. A proper SIMPLE XXX-to-XXX rollover is completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received. You are permitted to roll over only one distribution from an XXX (Traditional, Xxxx, or SIMPLE) in a 12-month period, regardless of the number of IRAs you own. A distribution may be rolled over to the same XXX or to another XXX that is eligible to receive the rollover. For more information on rollover limitations, you may wish to obtain IRS Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

SIMPLE XXX to Traditional XXX Rollovers. Assets distributed from your SIMPLE XXX may be rolled over to your Traditional XXX without IRS penalty tax provided two years have passed since you first participated in a SIMPLE XXX plan sponsored by your employer. As with Traditional XXX-to-XXX to Traditional XXX rollovers, the requirements of IRC Sec. 408(d)(3) must be met. A proper SIMPLE XXX-to-XXX to XXX rollover is completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received. You Effective for distributions taken on or after January 1, 2015, you are permitted to roll over only one distribution from an XXX (Traditional, Xxxx, or SIMPLE) in a 12-month period, regardless of the number of IRAs you own. A distribution may be rolled over to the same XXX or to another XXX that is eligible to receive the rollover. For more information on rollover limitations, you may wish to obtain IRS Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

SIMPLE XXX to Traditional XXX Rollovers. Assets distributed from your SIMPLE XXX may be rolled over to your Traditional XXX without IRS penalty tax provided two years have passed since you first participated in a SIMPLE XXX plan sponsored by your employer. As with Traditional XXX-to-XXX to Traditional XXX rollovers, the requirements of IRC Sec. 408(d)(3) must be met. A proper SIMPLE XXX-to-XXX to XXX rollover is completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received. You Effective for distributions taken on or after January 1, 2015, you are permitted to roll over only one distribution from an XXX (Traditional, Xxxx, or SIMPLE) in a 12-month 12‐month period, regardless of the number of IRAs you own. A distribution may be rolled over to the same XXX or to another XXX that is eligible to receive the rollover. For more information on rollover limitations, you may wish to obtain IRS Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

SIMPLE XXX to Traditional XXX Rollovers. Assets distributed from your SIMPLE XXX may be rolled over to your Traditional XXX without IRS penalty tax provided two years have passed since you first participated in a SIMPLE XXX plan sponsored by your employer. As with Traditional XXX-to-XXX to Traditional XXX rollovers, the requirements of IRC Sec. 408(d)(3) must be met. A proper SIMPLE XXX-to-XXX to XXX rollover is completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received. You Effective for distributions taken on or after January 1, 2015, you are permitted to roll over only one distribution from an XXX (Traditional, Xxxx, or SIMPLE) in a 12-month 12‐month period, regardless of the number of IRAs you own. A distribution may be rolled over to the same XXX or to another XXX that is eligible to receive the rollover. For more information on rollover limitations, you may wish to obtain IRS Publication 590-B590‐B, Distributions from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

SIMPLE XXX to Traditional XXX Rollovers. Assets distributed from your SIMPLE XXX may be rolled over to your Traditional XXX without IRS penalty tax tax, provided two years have passed since you first participated in a SIMPLE XXX plan sponsored by your employer. As with Traditional SIMPLE XXX-to-Traditional SIMPLE XXX rollovers, the requirements of IRC Sec. 408(d)(3) must be met. A proper SIMPLE XXX-to-Traditional XXX rollover is completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received. You are permitted to roll over only one distribution from an XXX (Traditional, Xxxx, or SIMPLE) in a 12-month period, regardless of the number of IRAs you own. A distribution may be rolled over to the same XXX or to another XXX that is eligible to receive the rollover. For more information on rollover limitations, you may wish to obtain IRS Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

SIMPLE XXX to Traditional XXX Rollovers. Assets distributed from your SIMPLE XXX may be rolled over to your Traditional XXX without IRS penalty tax provided two years have passed since you first participated in a SIMPLE XXX plan sponsored by your employer. As with Traditional XXX-to-XXX to Traditional XXX rollovers, the requirements of IRC Sec. 408(d)(3) must be met. A proper SIMPLE XXX-to-XXX to Traditional XXX rollover is completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received. You are permitted to roll over only one distribution from an XXX (Traditional, Xxxx, or SIMPLE) in a 12-month period, regardless of the number of IRAs you own. A distribution may be rolled over to the same XXX or to another XXX that is eligible to receive the rollover. For more information on rollover limitations, you may wish to obtain IRS Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

SIMPLE XXX to Traditional XXX Rollovers. Assets distributed from your SIMPLE XXX may be rolled over to your Traditional XXX without IRS penalty tax provided two years have passed since you first participated in a SIMPLE XXX plan sponsored by your employer. As with Traditional XXX-to-XXX to Traditional XXX rollovers, the requirements of IRC Sec. 408(d)(3) must be met. A proper SIMPLE XXX-to-XXX to XXX rollover is completed if all or part of the distribution is rolled over not later than 60 days after the distribution is received. You Effective for distributions taken on or after January 1, 2015, you are permitted to roll over only one distribution from an XXX (Traditional, Xxxx, or SIMPLE) in a 12-month period, regardless of the number of IRAs you own. A distribution may be rolled over to the same XXX or to another XXX that is eligible to receive the rollover. For more information on rollover limitations, you may wish to obtain IRS Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.