Trustee-to-trustee transfer The direct transfer of money from one tax-deferred account to another (such as from an IRA to another IRA, a 401(k) to another 401(k), or a 401(k) to an IRA) without a check being made out to the account holder.
In other words, they are spending in the form of direct transfers from the treasury to individuals, except that they are administered by the tax authorities rather than the agencies usually responsible for welfare.
direct transfer This is the movement of tax-deferred retirement funds from one plan or custodian... directed share program DSP is an acronym for direct share program. This program is a plan designed...
 See also: Rally, Debt, Corporation, Market, Retirement
  
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