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

Traditional XXX to Traditional XXX Rollovers. Assets distributed from your Traditional XXX may be rolled over to the same Traditional XXX or another Traditional XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper 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. In the case of a distribution for a first-time homebuyer where there was a delay or cancellation of the purchase, the 60-day rollover period may be extended to 120 days. 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, Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

Appears in 5 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

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Traditional XXX to Traditional XXX Rollovers. Assets distributed from your Traditional XXX may be rolled over to the same Traditional XXX or another Traditional XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper 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. In the case of a distribution for a first-time homebuyer where there was a delay or cancellation of the purchase, the 60-day rollover period may be extended to 120 days. Effective for distributions taken on or after January 1, 2015, you 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.

Appears in 5 contracts

Samples: www.darbie.com, jhdarbie.com, Individual Retirement Custodial Account Agreement

Traditional XXX to Traditional XXX Rollovers. Assets distributed from your Traditional XXX may be rolled over to the same Traditional XXX or another Traditional XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper XXX-to-XXX 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. In the case of a distribution for a first-time first‐time homebuyer where there was a delay or cancellation of the purchase, the 60-day 60‐day rollover period may be extended to 120 days. 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, Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

Appears in 2 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual   Retirement Custodial Account Agreement

Traditional XXX to Traditional XXX Rollovers. Assets distributed from your Traditional XXX may be rolled over to the same Traditional XXX or another Traditional XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper XXX-to-XXX 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. In the case of a distribution for a first-time first‐time homebuyer where there was a delay or cancellation of the purchase, the 60-day 60‐day rollover period may be extended to 120 days. 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 590590‐B, Distributions from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

Appears in 2 contracts

Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement

Traditional XXX to Traditional XXX Rollovers. Assets distributed from your Traditional XXX may be rolled over to the same Traditional XXX or another Traditional XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper 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. In the case of a distribution for a first-time homebuyer where there was a delay or cancellation of the purchase, the 60-day rollover period may be extended to 120 days. 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.

Appears in 1 contract

Samples: Individual Retirement Custodial Account Agreement

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Traditional XXX to Traditional XXX Rollovers. Assets distributed from your Traditional XXX may be rolled over to the same Traditional XXX or another Traditional XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper XXX-to-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. In the case of a distribution for a first-time homebuyer where there was a delay or cancellation of the purchase, the 60-day rollover period may be extended to 120 days. Effective for distributions taken on or after January 1, 2015, you 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.

Appears in 1 contract

Samples: Individual Retirement Custodial Account Agreement

Traditional XXX to Traditional XXX Rollovers. Assets distributed from your Traditional XXX may be rolled over to the same Traditional XXX or another Traditional XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper Traditional 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. In the case of a distribution for a first-time homebuyer where there was a delay or cancellation of the purchase, the 60-day rollover period may be extended to 120 days. Effective for distributions taken on or after January 1, 2015, you 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.

Appears in 1 contract

Samples: Prototype Plan Agreement

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