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Transfers or rollovers

Term · Economic statistics · MLC-T-ECS-001974

Direct payments of plan benefits from a defined contribution plan into an IRA or another employer's plan.

Note: In a direct transfer or rollover, the employee is not taxed on the payment until it is withdrawn or distributed later.

Table 1. Record
IdentifierMLC-T-ECS-001974
FieldEconomic statistics
ReferencesBLS Glossary
Record as JSON
{
  "id": "MLC-T-ECS-001974",
  "term": "Transfers or rollovers",
  "field": "Economic statistics",
  "definition": "Direct payments of plan benefits from a defined contribution plan into an IRA or another employer's plan.\n\nNote: In a direct transfer or rollover, the employee is not taxed on the payment until it is withdrawn or distributed later.",
  "references": [
    "BLS Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/transfers-or-rollovers/"
}

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