Is that allowed?
A SIMPLE IRA becomes eligible to receive or initiate a rollover out of at this point in its history.
What is 2 years from first funding?
What are death or divorce?
This type of ERP rollover allows a client to take physical receipt of the assets, deposit them into any non-retirement account they like, and then move them into an IRA, as long as, it is completed within 60-Calendar Days.
What is an Indirect Rollover?
This WEB ID lists the four steps necessary to complete the Employer Plan Rollover Recommendation Workflow, as well as provides resources like the "Making Good Choices Brochure," "Determine the Applicable Documents, Scan Titles & Rollover Process", and the Employer Plan Rollover Grid."
What is WEB5082925?
This Musical Group was founded in Orlando, Florida in 1995, and contains members Chris Kirkpatrick, Lance Bass, Joey Fatone, JC Chasez, and Justin Timberlake.
Who is NSYNC?
This type of mandatory withdrawal funds are never eligible to be rolled over to or from a Traditional, SEP, SIMPLE, Roth IRA, or Employer Retirement Plan.
What are RMDs? (Required Minimum Distributions)
This is the age a client must reach in order to automatically waive the early withdrawal penalty for a ERP or IRA Distribution.
What is age 59 1/2?
This transaction allows a client to move pre or after-tax dollars from their ERP into a Roth IRA, and claim any tax liability that may be owed today, with the hope for future growth and tax free distributions in the future from a Roth IRA.
What is a Roth Conversion?
This WEB ID provides a list of common Triggering Events used by clients to withdrawal assets form their ERP.
What is WEB046919?
This NBA Team dominated the 1990's era of professional basketball, winning the championship in 91', 92', 93', 96', 97', and 98'.
Who are the Chicago Bulls?
These "types" of funds are eligible to be deposited directly into either a Traditional or Roth IRA without any immediate tax consequence.
What are "After-Tax Funds?"
This is the mandatory withholding rate that is required to be taken whenever a client receives a Rollover Eligible direct distribution from an Employer Retirement Plan.
What is 20%?
A direct rollover out of an IRA held at Edward Jones, being sent to an Employer Plan held outside of Edward Jones requires this document be obtained from the receiving firm, stating that they are willing to take successor custodianship of the assets requested.
What is a custodial letter of acceptance?
This WEB ID outlines the steps necessary to complete a rollover out of an Edward Jones IRA, to an ERP held outside of the firm.
What is WEB601090?
This 1993 Steven Spielberg directed movie, starring Sam Neil and Laura Dern, takes place on an Island where scientists have developed a way to clone DNA.
What is Jurassic Park?
This is the only type of 457 plan that is eligible to rollover to an IRA.
What is a Governmental 457(b)?
A surviving spouse of a deceased plan participant is allowed to complete a rollover to these two types of IRAs.
What is an Inherited IRA, or their Own IRA?
This triggering event allows and alternate payee to receive a portion or all of an Employer plan, and must be "qualified" by the Plan Administrator prior to the distribution being initiated.
What is a QDRO/Divorce?
This WEB ID provides the distributions ineligible to be rolled from an ERP to an IRA.
What is WEB046925?
This 1993 released stuffed animal toy sent the world in to a frenzy, with hopes of collectability bringing big payouts in the future.
What are Beanie Babies?
These are the requirements for a client to elect NUA.
What is; Own employer based assets (stocks, bonds, and or debentures) have a triggering event (In-service is not a triggering event), and take a lump-sum withdrawal leaving nothing behind in the ERP by year end?
These are the requirements for a statement in order to make a recommendation via the Propose & Document Tool.
What is; Contain the client's name, the employer/plan name, A list of assets, status in the plan, and be dated within 90 days? (WEB5398762)
When documenting a Rollover from a Cash Balance or Defined Benefit Plan, the Propose & Document System starts with a (blank), and requires the clients and FA to build an argument against it.
What is a "Recommendation Against?"
This WEB ID provides quick access to tax based resources, including links to example tax forms, distribution codes, and tax deadlines.
What is WEB038937? (Tax Resources Main Page)
This long running Boston based sitcom, starring Ted Danson, George Wendt, and Woody Harrelson came to an end in 1993.
What is "Cheers?"