Termination Fee

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Termination Fee

A one-time fee charged to an account holder if he/she transfers or cancels an IRA. The termination fee is levied by the brokerage or bank that manages the IRA and must be spelled out in the agreement that created the account. Some brokerages and banks do not charge a termination fee. See also: Prepayment penalty.

termination fee

The one-time charge for terminating or transferring an individual retirement account. If a financial institution charges a termination fee, the fee must be spelled out in the original agreement that is signed when the account is opened. Some institutions, particularly banks and savings and loans, may not charge termination fees.

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No references found			12 (2009), that a termination fee paid by the taxpayer to cancel a merger agreement in order to consummate a more lucrative merger was deductible. Merger termination fee deductible by Thornton, David A.; Slivanya, James D. / The Tax Adviser Core says it is owed a $500,000 termination fee for a nixed marketing agreement with the building, which is currently in foreclosure. As sales slow, marketer and developer breakups get uglier by Portlock, Sarah / The Real Deal Under the terms of the agreement, if i2 or JDA terminates the deal under certain circumstances, i2 will be required to pay JDA a nonrefundable termination fee of $ 1 5 million or JDA will be required to pay i2 a nonrefundable termination fee of $20 million. JDA Software Group to Acquire i2 Technologies for 1.33 Times Revenue by Anonymous / Weekly Corporate Growth Report			Term Asset-Backed Securities Loan Facility Term Bond Term Bonds Term Certain Annuity Term Certificate Term Deposit Term Fed Funds Term insurance Term Life Insurance term loan term monthly advance reverse mortgage Term Premium Term Premiums Term Repo Term Sheet term structure of interest rates Term to Maturity Term Trust Terminable Marital Trust Terminal Elevator terminal value Terminal Year Terminally Ill terminate termination date Termination Fee Termine termite bond termite clause Terms of Delivery Terms of Sale Terms of Trade terotechnology Terrenos Territorial Tax System Territory Bond Terrorist Terrorist Group Tesorero Tesouro test Testacy Testaferro testament testamentary trust Testate testator testatrix Testcheck Testdeck testimonium clause			terminatio terminatio terminatio termination termination termination termination termination Termination & Recoupment Termination & Redundancy termination after worker injury Termination analysis Termination Analysis of Logic Programs Termination and Disengagement Termination Attempt Trigger Termination Benefit Termination Benefit Termination Benefit Termination Benefits Termination Benefits Termination Benefits Termination codon Termination codon Termination codon Termination Contracting Officer Termination Customer Provided Access termination date termination date Termination Dates Termination Dates Termination Fee Termination Fees Termination for Convenience Termination for Default Termination for Medical Reasons Termination Level of Conus Medullaris Termination Liability Termination Liability Agreement Termination Liability Reserve Termination Module termination of a pregnancy termination of an action termination of an action termination of an action termination of an action termination of an action termination of cohabitation Termination of Custody Termination of employment Termination of employment Termination of employment Termination of employment Termination of Employment Claims Termination of Employment Claims termination of marital cohabitation termination of membership Termination of Parental Rights Termination of pregnancy Termination of pregnancy Termination of pregnancy Termination of pregnancy

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