Eligible Termination Payments Can Be Rolled Over into an Eligible

question 21

True/False

Eligible termination payments can be rolled over into an eligible rollover fund but not into a deferred annuity.

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Definitions:

Infant

A very young child, especially one newly or recently born.

Illegal

Illegal refers to actions or activities that are prohibited by law or statute.

Enforceable

Refers to a rule, obligation, or agreement that can be legally imposed or carried out.

Illegal Contract

An agreement that is void and unenforceable by law due to its illegal subject matter or terms.