IRA rollover

IRA rollover
individual retirement account ( IRA) rollover
A provision of the law governing IRA's that enables a retiree or anyone receiving a lump-sum payment from a pension, profit-sharing, or salary reduction plan to transfer the amount into an IRA. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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Look at other dictionaries:

  • IRA Rollover — A transfer of funds from a retirement account into a Traditional IRA or a Roth IRA. This can occur either through a direct transfer or by a check, which the custodian of the distributing account writes to the account holder who then deposits it… …   Investment dictionary

  • rollover — [rōl′ō΄vər] n. ☆ 1. the refinancing of a maturing note, etc. ☆ 2. the reinvesting of funds in such a way as to defer the payment of taxes * * * roll·o·ver (rōlʹō vər) n. 1. The act or process of rolling over. 2. An accident in which a motor… …   Universalium

  • Rollover (finance) — Rollover is a process whereby a financial instrument such as a CD is reinvested at maturity. It may also refer to the transfer of the balance of a 401k or IRA into another 401k or IRA account (i.e. rolling over a conventional IRA into a Roth IRA… …   Wikipedia

  • IRA Required Minimum Distributions — Required Minimum Distributions, often referred to as RMDs, are amounts that the federal government requires you to withdraw annually from traditional IRAs and employer sponsored retirement plansLifetime DistributionsAmericans with IRA plans are… …   Wikipedia

  • Rollover — Most term loans in the Euromarket are made on a rollover basis, which means that the loan is periodically repriced at an agreed spread over the appropriate, currently prevailing LIBO rate. The New York Times Financial Glossary * * * rollover… …   Financial and business terms

  • rollover — Means that a loan is periodically repriced at an agreed spread over the appropriate, currently prevailing rate. Most term loans in the Euromarket are made on a rollover basis as to current LIBOR rate . Bloomberg Financial Dictionary In relation… …   Financial and business terms

  • Rollover — A rollover is when you do the following: 1. Reinvest funds from a mature security into a new issue of the same or a similar security. 2. Transfer the holdings of one retirement plan to another without suffering tax consequences. 3. Move a forex… …   Investment dictionary

  • rollover — roll|ov|er [ˈrəuləuvə US ˈroulouvər] n 1.) a) when money is moved from one bank account or ↑investment to another without any tax or other ↑fees having to be paid ▪ Many CD rollovers happen in October. b) [U and C] the action of making a bank… …   Dictionary of contemporary English

  • rollover IRA — A traditional individual retirement account holding money from a qualified plan or trust or 403( b) plan. These assets, as long as they are not mixed with other contributions, can later be rolled over to another qualified plan or 403( b) plan.… …   Financial and business terms

  • individual retirement account rollover — individual retirement account ( IRA) rollover A provision of the law governing IRA s that enables a retiree or anyone receiving a lump sum payment from a pension, profit sharing, or salary reduction plan to transfer the amount into an IRA.… …   Financial and business terms

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