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Wealth Management Glossary

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C Corporation
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Current TermCustodian-To-Custodian Transfer (IRA)
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Custodian-To-Custodian Transfer (IRA)
An Individual Retirement Account custodian-to-custodian 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.

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