Sometimes it is just as important to know how not to do a thing, as it is to learn how to do something. So let's take a moment to discuss what to avoid when choosing your major. 1  Do not leave it for your parents to decide your course of studies.
direct transfer. Definition. The movement of tax-deferred retirement assets from one plan or custodian directly to another. A direct transfer is not a withdrawal and does not incur any taxes or penalties. This allows a person to move his/her retirement assets as many times as he/she wants to plans or custodians that might be more suitable for him/her at that point in time.
A request is made to the Minister of Finance giving the status of the votes to which funds are required and the votes from which funds are to be transferred. Justification for the Transfer of Funds should be provided along with the request for Transfer of Funds to the Ministry of Finance.