Xxxx XXX-to-Xxxx XXX Transfers. You may transfer all or a portion of your Xxxx XXX assets from one Xxxx XXX to another Xxxx XXX. A Xxxx XXX transfer means that the Xxxx XXX assets move from one Xxxx XXX to another Xxxx XXX in a manner that prevents you from cashing or liquidating the Xxxx XXX assets, or even depositing the assets anywhere except in the receiving Xxxx XXX. Transfers are not taxable or reportable, and the IRS does not impose timing or frequency restrictions on transfers. You may be required to complete a transfer authorization form prior to transferring your Xxxx XXX assets. * Subject to annual cost-of-living adjustments (COLAs), if any. **An individual who is married, filing separately, and who lived apart from his/her spouse the entire year, can use the MAGI limit for a single filer to determine his/her contribution limit. IRS Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs), and the instructions to your federal income tax return also contain helpful calculation information.
Appears in 4 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement
