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Finance Dictionary and Glossary of Investment Terms
Conduit IRA
Definition 1.
A traditional IRA that holds only assets that were distributed from a qualified plan.
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Definition 2.
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.
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