Business / Taxes / Rollover: If you move your assets from one investment to another, it's called a rollover. For example, if you move money from one individual retirement account (IRA) to another IRA, that transaction is a rollover. In the same vein, if you move money from a qualified retirement plan, such as a 401(k), into an IRA, you create a rollover IRA. Similarly, when a bond or certificate of deposit (CD) matures, you can roll over the assets into another bond or time deposit.
Business / Taxes / Rollover IRA: A rollover IRA is an individual retirement annuity you create with tax-deferred assets you move from an employer sponsored retirement plan to a self-directed investment account. If you arrange for a d MORE
Business / Taxes / IRA Rollover: If you move assets from an existing individual retirement account (IRA) or an employer sponsored retirement plan to an IRA, you've completed an IRA rollover. You owe no income tax on the money you mov MORE