rollover

A noun referring to the act of transferring funds from one pension plan or retirement account to another without incurring a tax penalty.

• 🇪🇸Sustantivo que designa el proceso de transferir fondos de un plan de jubilación o cuenta de ahorro a otro sin pagar una penalización fiscal, o el reintegro de un préstamo o crédito en un nuevo período.

1. Pension transfer B2 formal business

   The process of moving funds from one retirement account to another without incurring tax penalties.

   • He completed a rollover from his old 401(k) to a new IRA.
   • The financial advisor explained the tax benefits of a rollover.
   • She initiated a rollover when she changed jobs.

   🇪🇸Traspaso de fondos de pensiones

   Sinónimos: portabilitytransfer

• rollovers plural form
• rollovers' possessive plural form
• rollover's possessive singular form