Glossary entry

English term or phrase:

year rule

Spanish translation:

normativa/reglamentación... see below

Added to glossary by marinacis
Oct 8, 2019 21:04
4 yrs ago
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English term

year rule

English to Spanish Bus/Financial Insurance Rollover IRA
IRA one-rollover-per-year rule
You generally cannot make more than one rollover from the same IRA within a 1-year period. You also cannot make a rollover during this 1-year period from the IRA to which the distribution was rolled over.
Beginning after January 1, 2015, you can make only one rollover from an IRA to another (or the same) IRA in any 12-month period, regardless of the number of IRAs you own. ¿Año de la norma? Agradezco sugerencias.
Proposed translations (Spanish)
4 normativa/reglamentación... see below

Proposed translations

1 hr
Selected

normativa/reglamentación... see below

Check parsing, it is {one-rollover-per-year} rule

Some renderings:

-norma/reglamentación para cuentas personales de jubilación: una transferencia -(intercuenta) por año

-límite de transferencia/aportación anual para cuentas personales de jubilación


IRA rollovers can occur from a retirement account such as a 401(k) into an IRA, or as an IRA-to-IRA transfer. Most rollovers occur when people change jobs and wish to move 401(k) or 403(b) assets into an IRA, but some occur when account holders want to switch to an IRA with better benefits or investment choices.
https://www.investopedia.com/terms/i/ira-rollover.asp
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