Xxxx XXX-to-Xxxx XXX Rollovers. Assets distributed from your Xxxx XXX may be rolled over to the same Xxxx XXX or another Xxxx XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper Xxxx XXX‐to‐Xxxx 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. Xxxx XXX assets may not be rolled over to other types of IRAs (e.g., Traditional XXX, SIMPLE XXX), or employer‐sponsored retirement plans. 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 3 contracts
Samples: Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement, Individual Retirement Custodial Account Agreement
Xxxx XXX-to-Xxxx XXX Rollovers. Assets distributed from your Xxxx XXX may be rolled over to the same Xxxx XXX or another Xxxx XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper Xxxx XXX‐to‐Xxxx 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. Xxxx XXX assets may not be rolled over to other types of IRAs (e.g., Traditional XXX, SIMPLE XXX), or employer‐sponsored retirement plans. 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‐B590, Distributions from Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.
Appears in 2 contracts
Samples: Account Agreement, Individual Retirement Custodial Account Agreement
Xxxx XXX-to-Xxxx XXX Rollovers. Assets distributed from your Xxxx XXX may be rolled over to the same Xxxx XXX or another Xxxx XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper Xxxx XXX‐to‐Xxxx XXX-to-Xxxx XXX rollover is completed if all or part of the distribution dis tribution 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. Xxxx XXX assets may not be rolled over to other types of IRAs (e.g., Traditional XXXIRA, SIMPLE XXXIRA), or employer‐sponsored employer-sponsored retirement plans. Effective for distributions taken on or after January 1, 2015, you You are permitted to roll over only one distribution from an XXX IRA (Traditional, Xxxx, or SIMPLE) in a 12‐month 12-month period, regardless regardl ess of the number of IRAs you own. A distribution may be rolled over to the same XXX IRA or to another XXX IRA 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.
Appears in 2 contracts
Samples: Ira Plan Agreement, Ira Plan Agreement
Xxxx XXX-to-Xxxx XXX Rollovers. Assets distributed from your Xxxx XXX may be rolled over to the same Xxxx XXX or another Xxxx XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper Xxxx XXX‐to‐Xxxx XXX-to-Xxxx 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. Xxxx XXX assets may not be rolled over to other types of IRAs (e.g., Traditional XXX, SIMPLE XXX), or employer‐sponsored employer-sponsored retirement plans. 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 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.
Appears in 2 contracts
Samples: Prototype Plan Agreement, Individual Retirement Custodial Account Agreement
Xxxx XXX-to-Xxxx XXX Rollovers. Assets distributed from your Xxxx XXX may be rolled over to the same Xxxx XXX or another Xxxx XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper Xxxx XXX‐to‐Xxxx 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. Xxxx XXX assets may not be rolled over to other types of IRAs (e.g., Traditional XXXIRA, SIMPLE XXXIRA), or employer‐sponsored retirement plans. Effective for distributions taken on or after January 1, 2015, you are permitted to roll over only one distribution from an XXX IRA (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 IRA or to another XXX IRA 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.
Appears in 1 contract
Samples: www.absoluteadvisers.com
Xxxx XXX-to-Xxxx XXX Rollovers. Assets distributed from your Xxxx XXX may be rolled over to the same Xxxx XXX or another Xxxx XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper Xxxx XXX‐to‐Xxxx XXX-to-Xxxx 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. Xxxx XXX assets may not be rolled over to other types of IRAs (e.g., Traditional XXX, SIMPLE XXX), or employer‐sponsored employer-sponsored retirement plans. 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 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. Your rollover from one Xxxx XXX to another Xxxx XXX must consist of the same property; otherwise the distribution will be taxable as ordinary income. For example, you may not take cash distributions from your Xxxx XXX, purchase other assets with the cash, and then roll over those assets into a new (or the same) Xxxx XXX.
Appears in 1 contract
Samples: www.horizontrust.com
Xxxx XXX-to-Xxxx XXX Rollovers. Assets distributed from your Xxxx XXX may be rolled over to the same Xxxx XXX or another Xxxx XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper Xxxx XXX‐to‐Xxxx 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. Xxxx XXX assets may not be rolled over to other types of IRAs (e.g., Traditional XXXIRA, SIMPLE XXXIRA), or employer‐sponsored retirement plans. Effective for distributions taken on or after January 1, 2015, you are permitted to roll over only one distribution from an XXX IRA (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 IRA or to another XXX IRA 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
Xxxx XXX-to-Xxxx XXX Rollovers. Assets distributed from your Xxxx XXX may be rolled over to the same Xxxx XXX or another Xxxx XXX of yours if the requirements of IRC Sec. 408(d)(3) are met. A proper Xxxx XXX‐to‐Xxxx XXX-to-Xxxx 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 rollover 60-day roll- over period may be extended to 120 days. Xxxx XXX assets may not be rolled over to other types of IRAs (e.g., Traditional XXXIRA, SIMPLE XXXIRA), or employer‐sponsored employer-sponsored retirement plans. Effective for distributions taken on or after January 1, 2015, you are permitted to roll over only one distribution from an XXX IRA (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 IRA or to another XXX IRA that is eligible xxx- gible 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 web site at xxx.xxx.xxx.
Appears in 1 contract
Samples: www.stifel.com