Rollover IRA

Individuals may execute rollovers of retirement plan assets to an IRA when they change jobs or finally retire. These transfers offer individuals an opportunity to consolidate retirement assets into a single account, reduce costs, and expand investment options. The recipient accounts which receive plan assets are often termed Rollover or Conduit IRAs.

A Rollover IRA is created by one of two methods:
 * Trustee-to-Trustee Transfer (usually the preferred method);
 * Rollover

These transfer options are discussed in IRA Rollovers and Transfers.