Inherited IRA Owner definition

Inherited IRA Owner means the individual for whose benefit the account is maintained as a result of acquiring such assets by reason of the death of another individual (other than a spouse).
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Examples of Inherited IRA Owner in a sentence

  • Inherited IRA Owner means the individual for whose benefit the account is maintained as a result of acquiring such assets by reason of the death of another individual (other than a spouse).

  • Employer Retirement Plan-to-Traditional IRA Rollover (by Inherited IRA Owner).

  • If I am an Inherited IRA Owner, I understand the distribution requirements and the contribution limitations applicable to Inherited IRA Owners.

  • IRA Owner (or Inherited IRA Owner) designate beneficiaries below.

  • Traditional IRA Owner (or Inherited IRA Owner) designate beneficiaries below.

  • A Traditional individual retirement account (Traditional IRA) is established after the form is fully executed by both the individual (Depositor or Inherited IRA Owner) and the Custodian.

  • Inherited IRA Owner means the individual for whose benefit the account is maintained as a result of acquiring such assets by reason of the death of another individual.

  • Traditional/SEP IRA Owner (or Inherited IRA Owner) designate beneficiaries below.

  • Traditional IRA Owner (or Inherited IRA Owner) may designate beneficiaries below.

  • Employer Retirement Plan-to-IRA Rollover (by Inherited IRA Owner).

Related to Inherited IRA Owner

  • Code means the Internal Revenue Code of 1986, as amended.

  • Plan approved domestic relations order means a judgment, decree, or order (including the approval of a settlement agreement) which is:

  • Accredited college or university means a college or university accredited by a national or regional association recognized by the secretary of the United States department of education or a foreign college or university of comparable standing.

  • Code Section 409A means Section 409A of the Code and all regulations issued thereunder and applicable guidance thereto.

  • Eligible Rollover Distribution means any distribution of all or any portion of the balance to the credit of the Distributee, except that an Eligible Rollover Distribution does not include: (a) any distribution that is one of a series of substantially equal periodic payments (not less frequently than annually) made for the life (or life expectancy) of the Distributee, the joint lives (or joint life expectancies) of the Distributee and the Distributee's Beneficiary, or for a specified period of 10 years or more; (b) any distribution to the extent such distribution is required under Section 401(a)(9) of the Code; and (c) the portion of any distribution that is not includable in gross income (determined without regard to the exclusion for net unrealized appreciation with respect to employer securities).