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Individual Retirement Account Rollover
A special IRA that is established specifically for taxable funds distributing from a tax-qualified retirement plan. An IRA rollover occurs when: a customer transfers assets previously held in a qualified plan to an IRA, or a customer receives an eligible distribution from an IRA and contributes that distribution to another IRA, or re-contributes the distribution back to the same. For example, a surviving spouse receives a distribution from the IRA of the deceased spouse and contributes the assets to his or her own IRA. A rollover must be completed within a sixty-day period and may result in certain federal income tax withholding consequences if not arranged carefully. As in the case of a regular IRA, funds are not subject to tax until they are withdrawn from the account.
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Individual Retirement Account Rollover 
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