IRA Crossword

A_______is required by both parties to establish the IRA
A plan agreement serves as the " __________"
This statement explain the rules of the IRA in nontechnical language
Receives IRA assets after the owner death.
The _______ beneficiary receives the assets when the IRA owner dies
IRA owners must have ________ income to contribute to an IRA
Owners age 50 and older can make this additional contribution.
A deposit in the account.
One of the requirement to contribute to a Traditional IRA
The tax return deadline is generally _____________ 15.
Contribution to a ______ IRA are reported in box 10 of the 5498.
A nonreportable transaction
Number of days to complete a rollover
Traditional IRA owners over age 70 1/2 cannot rollover their ______. (abbr)
A ________ Roth Account can only be rolled over to a Roth IRA.
a direct rollover is a ________ transaction
The 10% penalty only applies to the ______ portion of a distribution.
Failure to take an RMD may result in a 50 _________ penalty.
____________ Minimum Distributions.
You must ________ owners of their right to withhold.
Distributions before age 59 1/2 may result in a ________.
A way for the owner to "prepay" taxes.
A withdrawal from the IRA.
IRS Form 1099-R is due to IRA owners by _____________ 31.
The RMD statement is sent to all __________ IRA owners 70 1/2 and older.
The December 31 IRA balance (abbr).
There can only be _______ owner per IRA.
IRAs help build long term ___________ between owners and the financial organization
Type of Roth distribution that is tax free
____________ Retirement Arrangement
The earnings generated on IRAs are tax-____________.
IRAs offer several tax ____________.
Traditional IRA contributions may be ______________.