Conveyance - 401k Glossary

401k Participants have seen growth rates of 50% over the past 7 years. Long Term Contributors saw their savings grow from $67,785 in 1999 to $102,014 in the year 2005.
Fact: Employee Benefit Research Institute and the Investment Company Institute (EBRI).

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Conveyance - 401k Glossary

A Conveyance is a written agreement that transfers some ownership of a real tangible/intangible property from one party/individual to another. This Conveyance is usually in the form of a Lease or Deed Agreement.
Note: A Conveyance tax is charged on the transfer of real property from one person to another.