Legal List

DEFINITION of 'Legal List'

A selection of eligible companies and investments, determined by local state governments, for institutions such as insurance companies and pension plans.

BREAKING DOWN 'Legal List'

These are generally low risk, low volatile investments that insure the well-being of investors in institutions where safety of principal is of concern.

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RELATED FAQS
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    Generally, for purposes of contributing to IRAs, 403(b)s and other retirement accounts, compensation is defined as income ... Read Answer >>
  2. If I am no longer employed, can I roll over a 403(b) plan into an IRA?

    Now that you are no longer working with the (former) employer that established your 403(b) account, you may roll your 403 ... Read Answer >>
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    Yes. You can roll over the amount to the Roth IRA, or another of your Roth IRAs (excluding inherited Roth IRAs), provided ... Read Answer >>
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    In a word, yes. A limited liability company (LLC) is eligible to establish a simplified employee pension (SEP). Keep in mind ... Read Answer >>
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