Re: 401k and IRA question.

marckassay@[EMAIL PROTECTED]
 wrote on [Fri, 14 Mar 2008 04:25:17 -0500]:
> Thanks for the replies, its helpful!
>
> I am a little confused about when the term "rollover" is used in the
> context of an IRA.  The term seems to be used as verb and a noun.  For
> instance, if money is rolled over into a traditional IRA account,
> would this account now be considered a "rollover IRA account"?  Or
> would the account still be considered an IRA account that tax deferred
> money (from a 401k) got "rolled over" into it?

It's a traditional IRA with all the benefits of an IRA, however it's
called a Rollover IRA if it only contains funds that were rolled over
into it. 

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