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.

Use conduit IRA in a sentence

The conduit Ira was set up by the ira and it had a very specific function and purpose for being around.

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You may want to make sure that you are keeping up with your conduit IRA so that you know you will be alright.

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He decided to set up a conduit IRA since he had nowhere else to go with his funds, and his employer's transfer requirements were less than stellar.

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conduit borrower conduit theory