Common use of Eligible Distribution Clause in Contracts

Eligible Distribution. Not all distributions from an employer- sponsored eligible retirement plans, only the aggregate taxable sponsored eligible retirement plan are eligible for rollover to an balance in all of your traditional IRAs and SIMPLE IRAs. The one IRA. The most common distributions, which are not eligible for per 1-year limitation does not apply to these rollovers.

Appears in 3 contracts

Sources: Individual Retirement Custodial Account Adoption Agreement, Individual Retirement Custodial Account Adoption Agreement, Individual Retirement Custodial Account Adoption Agreement