Sentences with phrase «eligible rollover fund»
If you don't give your super fund your latest address, they might consider you a «lost member», and transfer your benefits to an «eligible rollover fund» where your investment earnings may be less.
https://www.moneysmart.gov.au/
An eligible rollover fund (ERF) is a holding account for lost members or inactive members with low account balances.
Not exact matches
Also known as Rollovers for Business Start - ups (ROBS), 401 (k) business funding allows you to roll over eligible retirement funds to use as cash for financing a business.
Rollover for Business Start - ups (ROBS), also known as 401 (k) business financing, allows you to roll funds from an eligible retirement account — usually a 401 (k) or IRA — into a new retirement account that is then used for small business funding.
Beginning in 2008, participants with funds in eligible employer sponsored plans could also roll those funds directly over to a Roth IRA in a qualified rollover if their income did not exceed the $ 100,000 threshold.
Guidant offers 401 (k) funding through Rollovers as Business Startups (ROBS) for entrepreneurs who have at least $ 50,000 in eligible retirement funds.