WEALTH MANAGEMENT GLOSSARY

Income

Income Balance

Income In Respect Of A Decedent (IRD)

Income Portfolio

Income Stock

Index

Index Fund

Individual Retirement Account (IRA)

Individual Retirement Account Rollover

Individual Retirement Account Transfer

Initial Public Offering (IPO)

Institutional Shares

Intangible Property

Interest

Intestate

Invasion Of A Trust

Investment Advisory Fee

Investment Banker

Investment Grade Bonds

Investment Management Account

Irrevocable Trust

An Individual Retirement Account transfer occurs when an existing IRA is transferred directly from one IRA account to another, without converting the assets to cash and issuing a check to the account owner for the transfer. This is also called a custodian-to-custodian transfer. Because there is no distribution of IRA funds made to the IRA owner/participant, no IRS reporting is required, and no amounts need to be withheld from the amounts or assets being transferred.