Rollover IRA

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What does Rollover IRA mean? Read on to discover the definition & meaning of the term Rollover IRA - to help you better understand the language used in insurance policies.

Rollover IRA

Rollover IRA

An individual retirement account established with funds transferred from another IRA or qualified retirement plan that the owner had terminated.

More Insurance Terms And Definitions

The Merriam-Webster Dictionary defines insurance as:

a: The business of insuring persons or property.

b: Coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.

c: The sum for which something is insured.

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