rollover

1 of 2

noun

roll·​over ˈrōl-ˌō-vər 

1

: the act or process of rolling over

2

: a motor vehicle accident in which the vehicle overturns

roll over

2 of 2

verb

rolled over; rolling over; rolls over

transitive verb

1

a

: to defer payment of (an obligation)

b

: to renegotiate the terms of (a financial agreement)

2

: to place (invested funds) in a new investment of the same kind

roll over IRA funds

Examples of rollover in a Sentence

Recent Examples on the Web

Noun

Answer: Thankfully, a 401(k) to IRA rollover is pretty straightforward these days. —Amy Wagner and Steve Hruby, The Enquirer, 18 Sep. 2024

The asset manager surveyed 556 investors who completed a rollover to a Vanguard IRA in 2023 and left those assets in a money market fund through June 2024. —Greg Iacurci, CNBC, 16 Sep. 2024

Verb

Regarding her question about what to do with an unused college fund, the law was recently changed to allow 529 plans to be rolled over into a Roth IRA (with certain caveats, of course). —R. Eric Thomas, The Mercury News, 29 Oct. 2024

Step one in the NUA strategy is to roll over to a traditional IRA all assets in the retirement account that aren’t employer stock. —Bob Carlson, Forbes, 26 Oct. 2024

Word History

First Known Use

Noun

1945, in the meaning defined at sense 1

Verb

1952, in the meaning defined at sense 2

Legal Definition

rollover

1 of 2 noun

roll·​over ˈrōl-ˌō-vər 

: the act or process of rolling over

roll over

2 of 2 transitive verb

1

a

: to defer payment of (an obligation)

b

: to renegotiate the terms of (a financial agreement)

2

: to place (invested funds) in a new investment of the same kind

roll over IRA funds