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March 25, 2009


Your Guide

Retirement-Industry term used to refer to a transaction that occurs in a retirement account, which the plan administrator, IRA custodian, or payer is required to report to the IRS and the account owner. Examples include:

Referring Cite


Additional Helpful Information

The following transactions are non-reportable:
  • A trustee-to-trustee transfer between two accounts of similar type , for example between two traditional IRAs, between a traditional IRA and a SEP IRA, from a SIMPLE IRA that has met the two year requirement to a traditional IRA or a SEP IRA, from a SIMPLE IRA to another SIMPLE IRA or between two Roth IRAs
  • A movement of assets between accounts under the same qualified plan, 403(b) or 457(b) account
  • Fees paid from the account, such as administrative or management fees
  • Total distributions of less than $10

Written By

Denise Appleby

Denise is CEO of Appleby Retirement Consulting Inc., a firm that provides IRA resources for financial/ tax/legal professionals. She has over 20 years of experience in the retirement plans field, which includes training and technical consultation.

Denise writes and publishes educational /marketing tools for advisors; available at Denise co-authored several books on IRAs

Denise is a graduate of The John Marshall Law School, where she obtained a Masters of Jurisprudence in Employee Benefits, and has earned 5 professional retirement designations.
She has appeared on numerous media programs, sharing her insights on retirement tax laws.


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