Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• CONDUIT IRA
  
  A conduit IRA is another name for a rollover IRA you establish with money you roll over from a 401(k), 403(b), or other retirement savings plan. If you put the money into a conduit IRA you will be able to move those assets into a new employer's plan if the plan allows transfers. But you can't roll an IRA into a new employer's plan if you've added money to the IRA from any source other than a tax-deferred retirement savings account.
  
  Back