Eligible Rollover Distribution

What Does Eligible Rollover Distribution Mean?
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 explains Eligible Rollover Distribution
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
More Related Terms

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