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Automatic Rollover

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Automatic Rollover
A rollover of a participant's qualified-plan balance to an IRA without the participant's authorization.

Notes:
This usually occurs for involuntary cash-outs of balances between $1,000 to $5,000. The plan administrator is responsible for establishing the IRA on the participant's behalf.


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capacity automatic rollover strips cured mold halves from the pattern and places them on a flat belt conveyor that is equipped with weight sensors that determine the need to repeat the strip cycle in the event of non-stripping on the first draw cycle.
He had a three-year contract with an automatic rollover.
 
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