Conduit IRA

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Conduit IRA

Definition: Conduit IRA

Conduit IRA
Cite Term
Sources

Full Definition of 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.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/conduit-ira/
Modern Language Association (MLA):
Conduit IRA. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/conduit-ira/.
Chicago Manual of Style (CMS):
Conduit IRA. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/conduit-ira/ (accessed: May 18, 2024).
American Psychological Association (APA):
Conduit IRA. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/conduit-ira/

Definition Sources

Definitions for Conduit IRA are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.