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Rollover

Last Updated: November 15, 2006 Related resource areas: Personal Finance


Transfer of funds from a retirement savings plan, such as a 401(k) or 403(b), to a traditional IRA. The term is also used for changes from one type of IRA investment to another. If done properly, according to tax law, rollovers are a non-taxable event.


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Financial Security: Financial Planning Process, Financial Security: Retirement Planning, Financial Security: Saving and Investing, glossary

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