Common use of Transfers From Other Plans Clause in Contracts

Transfers From Other Plans. We can receive amounts transferred to this IRA from the trustee or custodian of another IRA. In addition, we can accept rollovers of eligible rollover distributions from employer‐sponsored retirement plans as permitted by the Code. If you indicate on the IRA application that the contribution to the custodial account is a “rollover contribution” then you warrant and certify that such amount qualifies as a “rollover contribution”. You shall assume the obligation to ascertain whether such a rollover contribution is proper pursuant to the Code or the provisions of any other plan or custodial account. We reserve the right not to accept any transfer or direct rollover.

Transfers From Other Plans. We can receive amounts transferred to this IRA Xxxx XXX from the trustee or custodian of another IRA. In addition, we can accept rollovers of eligible rollover distributions from employer‐sponsored retirement plans Xxxx XXX as permitted by the Code. If you indicate on the IRA application that the contribution to the custodial account is a “rollover contribution” then you warrant and certify that such amount qualifies as a “rollover contribution”. You shall assume the obligation to ascertain whether such a rollover contribution is proper pursuant to the Code or the provisions of any other plan or custodial account. In addition, we can accept rollovers of eligible rollover distributions from employer‐sponsored retirement plans as permitted by the Code. We reserve the right not to accept any transfer or direct rollovertransfer.

Transfers From Other Plans. We can receive amounts transferred or rolled over to this SIMPLE IRA from the trustee or custodian of another SIMPLE IRA. In addition, we can accept rollovers of eligible rollover distributions from employer‐sponsored retirement plans as permitted by the Code. If you indicate on the SIMPLE IRA application that the contribution to the custodial account is a “rollover contribution” then you warrant and certify that such amount qualifies as a “rollover contribution”. You shall assume the obligation to ascertain whether such a rollover contribution is proper pursuant to the Code or the provisions of any other plan or custodial account. We reserve the right not to accept any transfer or direct rollover.