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Rollover contribution - How To Discuss

By Abigail Rogers |

Rollover contribution,

Definition of Rollover contribution:

  1. A contribution made up of money taken from a qualified plan. This contribution is then rolled into a second qualified plan. This approach keeps the contribution from being taxed.

  2. A contribution made to a pension or similar savings plan by transferring a lump sum from another plan.

Meaning of Rollover contribution & Rollover contribution Definition