Rollover


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Related to Rollover: rollover loan

Rollover

Means that a loan is periodically repriced at an agreed spread over the appropriate, currently prevailing rate. Most term loans in the Euromarket are made on a rollover basis as to current LIBOR rate.

Roll Over

1. The act or practice of taking profits or other proceeds from investments and making other investments with them. It nearly always means that one is investing in more of the same security. For example, one may take dividends from a stock and buy more shares with it or may take coupon payments to buy more of the same bond issue. It is also called reinvesting. Colloquially, rolling over refers to reinvesting proceeds from one retirement account in another retirement account without causing a taxable event.

2. A loan that a borrower may renew upon maturity. This may happen when the borrower has only been making interest payments over the life of the loan. See also: Refinancing.

rollover

The reinvestment of money received from a maturing security in another similar security. Rollover usually applies to short-term investments such as certificates of deposit, commercial paper, and Treasury bills. For example, investors often want a rollover of the proceeds from a maturing certificate of deposit into a new certificate of deposit. See also IRA rollover, pension rollover.

Rollover.

If you move your assets from one investment to another, it's called a rollover.

For example, if you move money from one IRA to another IRA, that transaction is a rollover. In the same vein, if you move money from a qualified retirement plan, such as a 401(k), into an IRA, you create a rollover IRA.

Similarly, when a bond or certificate of deposit (CD) matures, you can roll over the assets into another bond or time deposit.

Rollover

The tax-free transfer of an employer plan distribution to another employer plan or to a traditional IRA, or the tax-free transfer from one IRA to another or to an eligible employer plan.
References in periodicals archive ?
While the RIA Interpretation does not define the best interest process for rollover recommendations, it does list a number of relevant factors.
If the sixtieth day falls on a weekend or legal holiday, the next business day will be considered the last day for the rollover to occur.
1.9 - percentage of Roth IRA investors aged 18 or older with rollovers (as of 2015) (**)
* The funds aren't deposited into an eligible retirement plan within the 60-day rollover period solely because of an error on the part of the financial institution,
For purposes of accepting and reporting a rollover contribution into a plan or IRA, a plan administrator or IRA trustee may rely on a taxpayer's self-certification in determining whether the taxpayer satisfied the conditions for a waiver of the 60-day rollover requirement.
Financial advisors who earn commissions will need to comply with the full-blown BIC requirements when soliciting rollovers. The BIC Exemption would provide relief if the commission-based advisor earns a higher level of compensation as a result of the rollover, and it would also provide relief for any commissions that are earned on rollover IRA assets.
"Manufacturers design and tailor the crash safety features in their cars--such as airbags, seats, and seatbelts--based on how crash test dummies respond in various scenarios, such as rollovers," explains Qi Zhang, a Ph.D.
This operation known as the Tom/Next Rollover (T/N rollover) is applied to spot positions held at 17:00 Eastern Standard Time (New York time) on any given trading day.
New York-based WMSI, a provider of retirement plan rollover technology, content and communications, and practice management solutions to the financial services industry, is connected to recordkeepers servicing over 33m participants and provides automatic rollover services to over 25,000 plan sponsors.
A rollover between an individual's Roth IRAs would preclude a separate rollover within the one-year period between the individual's traditional IRAs, and vice versa, but the limitation does not apply to a "conversion" rollover from a traditional IRA to a Roth IRA.
Tax Court in a January 2014 decision applying the limit to preclude an individual from making more than one tax-free rollover in any one-year period, even if the rollovers involve different IRAs.
Benefit and payment firm Alegeus Technologies said that clients who have actively promoted the FSA rollover allowance to their employer groups and eligible employees are seeing 11 percent incremental growth in FSA enrollment and 9 percent growth in FSA elections--compared to a flat overall FSA market growth.