Eligible Rollover Distribution
A distribution from an IRA, qualified plan, 403(b) plan or 457 plan that is eligible to be rolled over to another eligible retirement plan. Investopedia Says:
Often, an eligible rollover distribution occurs when an individual leaves the service of an employer. The rollover rules allow the individual to bring the assets to their IRAs or a retirement plan at a new employer. Related Terms:
403(B) Plan
457 Plan
Individual Retirement Account (IRA)
Rollover
Transfer |