Tax-free Rollover
Definition of "Tax-free rollover"
- transfer of money from or an employer-sponsored pension or other qualified plan into an INDIVIDUAL RETIREMENT ACCOUNT (IRA) with out paying tax on the distribution.
- transfer of money from one individual retirement account to another without paying tax.
Popular Insurance Terms
Act passed by Congress in 1991, the purpose of which is to make it easier for consumers to compare deposit accounts among savings institutions (SI). Some of the act's more important ...
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Retirement payments to be credited for future years of service with an employer. ...
Loading to the burning cost ratio for a reinsurer's expenses, profit, and to build a reserve to meet unusually large claims. ...
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Based on historical loss experience, from which future loss experience is predicted. ...
Termination of coverage in insurance. ...
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