Recharacterization definition
Examples of Recharacterization in a sentence
Section 11.09 Recharacterization...........................................
Recharacterization of a contribution is irrevocable and must be completed on or before the due date, including extensions, for filing your federal income tax return for the tax year for which the contribution was originally made.
Recharacterization requests must be made in a form and manner acceptable to the Custodian.
The current fee schedule is per account and shown below: Traditional, SEP, SIMPLE, and ▇▇▇▇ ▇▇▇ annual maintenance fee $15.00* Transfer to successor trustee $25.00 Distribution to a participant (exclusive of systematic withdrawal plans) $25.00 Refund of excess contribution $25.00 Federal wire fee $15.00 Recharacterization $25.00 *capped at $30.00 per Social Security number.
Section 11.09 Recharacterization..........................................