Exchange Currency

conduit IRA

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.

Related information about conduit IRA:
  1. Conduit IRA Definition | Investopedia
    A traditional IRA that holds only assets that were distributed from a qualified plan. Typically, the intention of using this type of plan is to store assets until they can ...
     
  2. What is conduit IRA? definition and meaning
    Definition of conduit IRA: A separate IRA established pursuant to a rollover from a qualified ... There is no limit on the contributions transferred to a conduit IRA.
     
  3. Conduit IRA - Financial Dictionary - The Free Dictionary
    An IRA to which one has transferred funds from an employer-sponsored qualified retirement account. This usually occurs when an account holder takes a new ...
     
  4. What is a Conduit IRA?
    Conduit IRAs are individual retirement accounts that are used to temporarily house funds that are distributed from a qualified retirement plan. Sometimes ...
     
  5. Conduit IRA - BenefitPlans.com
    Nov 8, 2012 ... A conduit IRA is an account established at a financial institution through which a transfer may be made from one qualified plan to another.
     
  6. What Is a Conduit IRA? | eHow.com
    What Is a Conduit IRA?. If you take money out of a qualified retirement plan before you are eligible, the tax consequences are steep. A conduit IRA ( individual ...
     
  7. Publication 590 (2011), Individual Retirement Arrangements (IRAs)
    Conduit IRAs, IRA as a holding account (conduit IRA) for rollovers to other eligible plans. Contribution limits: More than one IRA, More than one IRA.
     
  8. Fool.com: All About IRAs - The 11 Types
    A Rollover (Conduit) IRA is a traditional IRA set up by an individual to receive a ... 1, 2002, commingling of conduit IRA money with other IRA or qualified ...