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==One Answer== A trustee to trustee transfer is the legal method used to transfer an IRA or SEP (retirement accounts) account to another entity. For example, if you have an IRA certificate of deposit mature at one bank and wish to transfer it to another bank with a higher interest rate you are not allowed to cash out the CD and transfer it yourself. You need to fill out forms at the new bank and a trustee to trustee transfer will be done between the two banks. Once you have deposited funds into a personal retirement account you cannot withdraw the money yourself without incurring penalties. The banks act as your trustees.
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What is the role of money transfer systems such as western union money transfer and moneygramm in the economy?
what are the roles of money transfer
What is a transfer payment?
In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income in the market system. These payments are considered to be nonexhaustive because they do not directly absorb resources or create output. Examples of certain transfer payments include welfare (financial aid), social security, and government subsidies for certain businesses (firms).
What does wire transfer in transit mean?
It means it is in progress. In transit refers to a money transfer that is still in progress within the banking channel. The wire transfer's funds are snaking its way across to the beneficiary, and whilst it is in progress, as depending on the type of wire transfer, etc. some banks can take from a few hours to a few days for the wire transfer to be completed.
Transfer payments are what percent of US domestic output?
transfer payments are about of U.S. domestic output as of 2009
How do you calculate transfer payment?
TR= SG -T + G Transfer paymt= Governmt Saving - Taxes + Governt spending
Can you transfer Pokemon for a R4 chip?
If you mean a transfer in pokemon transfer lab, no you can't transfer it
What is convective heat transfer?
Convection heat transfer is the transfer of heat by the movement of a fluid.
When is my transfer?
Your transfer is whenever you booked it to be. E.G:My transfer is at 11:49.
Is the transfer of energy called?
The transfer of energy is called Energy Transfer
What is the difference between bank transfer and wire transfer?
A wire transfer is from one bank to another. A bank transfer is a transfer from one account to another at the same bank.
How do you transfer money from fineptc?
Transfer to your PayPal. Then from PayPal you can transfer to your Account Bank.
What is transfer fault?
What is transfer fault?
What is transfer stage?
stage where you transfer
What is a bank transfer?
A bank transfer is an alternative term for a wire transfer - a transfer of funds between banks via electronic means.
What is the difference between transfer function and frequency transfer function?
frequency transfer function deals with transfer in frequency domain, transfer function alone can be referring to any type of transfer in different domain e.g time domain
What is the purpose of a balance transfer offer?
The purpose of a balance transfer is to transfer balance. Many credit card companies allow the transfer of balance from one card to another. That is a balance transfer.
What is the chemical term for heat transfer in a reaction?
it is called energy transfer or calories transfer
