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or is a Conduit IRAs

Spanish translation: Conduit IRA

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:or is a Conduit IRAs
Spanish translation:Conduit IRA
Entered by: Hebe Martorella
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23:45 Jun 23, 2005
English to Spanish translations [PRO]
Law/Patents - Manufacturing / certificate
English term or phrase: or is a Conduit IRAs
I certify that the plan listed below is another qualified plan under 401(a), 403(b), or 457(b) or is a Conduit IRAs
Hebe Martorella
Local time: 13:47
Conduit IRA
Explanation:
conduit IRA - fondos de una IRA en proceso de transferencia....

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A separate IRA established pursuant to a rollover from a qualified retirement plan. No intermingling of other funds such as regular (non-rollover) IRA contributions is permitted. Money in a conduit IRA may be rolled into a new employer's plan (if allowed), thereby preserving any favorable tax treatment associated with the distribution. There is no limit on the contributions transferred to a conduit IRA.


Selected response from:

Xenia Wong
Local time: 11:47
Grading comment
muchas gracias por toda tu ayuda y tu explicación, cariños Xen
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1Conduit IRA
Xenia Wong


  

Answers


7 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
or is a conduit iras
Conduit IRA


Explanation:
conduit IRA - fondos de una IRA en proceso de transferencia....

--------------------------------------------------------------------------------


A separate IRA established pursuant to a rollover from a qualified retirement plan. No intermingling of other funds such as regular (non-rollover) IRA contributions is permitted. Money in a conduit IRA may be rolled into a new employer's plan (if allowed), thereby preserving any favorable tax treatment associated with the distribution. There is no limit on the contributions transferred to a conduit IRA.




Xenia Wong
Local time: 11:47
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in category: 24
Grading comment
muchas gracias por toda tu ayuda y tu explicación, cariños Xen

Peer comments on this answer (and responses from the answerer)
agree  Marina Soldati
3 hrs
  -> Muy agradecida, Marina....xen
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