please tell me what the "conduit iRA" is
glossary FAQ: glossary.
F. N. From Canada
04 March, 2010
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 be rolled into the qualified plan of a new employer. Should any other assets be commingled with these assets, the IRA loses its conduit status and the assets are no longer eligible for capital gains and forward averaging tax treatments. Visit Dukascopy
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- The Company:
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