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
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Policyholder's equity share of the life insurance company's assets. The share is based on the policyholder's contribution to assets (the company's gross premiums minus cost of insurance, ...
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