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:
- 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 ...
- 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.
- 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 ...
- 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 ...
- 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.
- 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 ...
- 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.
- 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 ...