You can contribute the money you distribute from a QTP to an IRA, but it is not a tax-free rollover and is subject to the annual IRA contribution limits. In 2013, you can contribute up to $5,500 to an IRA, or $6,500 if youâre 50 or older. You cannot contribute more than your gross income.ou can contribute the money you distribute from a QTP to an IRA, but it is not a tax-free rollover and is subject to the annual IRA contribution limits. In 2013, you can contribute up to $5,500 to an IRA, or $6,500 if youâre 50 or older. You cannot contribute more than your gross income.
Best Answer: Status quo is a Latin term meaning the present, current, existing state of affairs. To maintain the status quo is to keep things the way they presently are. Compare it with status quo ante, meaning the state of things as it was before.. Source(s): Cristi@n Â· 10 years ago.
Latin for - it is what it is? It is what it is in latin is: Est quod est - literally is what is, you skip the pronouns because the verb forms already denote the gender and number. Id est quod idâ¦ est - it is what it is, not skipping the pronoun automatically puts an emphasis on it. The stress is on it.