MLchartDataset catalogue

Roll over

Term · Law · MLC-T-LAW-004359

To transfer funds or assets from one investment vehicle or account to another, often to defer taxes or consolidate holdings. This action is common with retirement accounts, such as moving funds from a 401(k) to an Individual Retirement Account (IRA). Specific rules and deadlines apply to avoid tax penalties on such transfers.

Table 1. Record
IdentifierMLC-T-LAW-004359
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004359",
  "term": "Roll over",
  "field": "Law",
  "definition": "To transfer funds or assets from one investment vehicle or account to another, often to defer taxes or consolidate holdings. This action is common with retirement accounts, such as moving funds from a 401(k) to an Individual Retirement Account (IRA). Specific rules and deadlines apply to avoid tax penalties on such transfers.",
  "url": "https://mlchart.com/terminology/law/roll-over/"
}

Record 4,423 of 5,441 in Law terminology (MLC-0107). Request the full dataset.