| Eligible Rollover Distribution |
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.
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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 IRA or a retirement plan at a new employer.
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Moving Your Plan Assets? - You may want to do so if you are changing jobs or retiring, but make sure you know the rules and your options.
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Related Terms
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