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| The term "rollover" refers to the process of moving retirement savings from a qualified retirement plan to a Rollover IRA or to another qualified plan.
When you change jobs or retire, you may be eligible to receive a distribution from your employer-sponsored retirement plan. What will you do with your "lump-sum distribution"? Even if the amount seems modest, the money you invested represents important assets you'll need for retirement—assets you'll want to protect and grow.
A Rollover IRA gives you the opportunity to continue growing your retirement savings on a tax-deferred basis until you withdraw this money in the future. |
