INDIVIDUAL RETIREMENT ACCOUNT (IRA) ROLLOVER


Meaning of INDIVIDUAL RETIREMENT ACCOUNT (IRA) ROLLOVER in English

A provision of the law governing IRA's which enables a person who has retired or been fired by their employer and is receiving a lump-sum payment from their company's pension, profit -sharing, or salary reduction plan to transfer the amount into an IRA.

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.