Re: 401k and IRA question.

marckassay@[EMAIL PROTECTED]
 writes:

> 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?

Yes to both :).

--
Rich Carreiro                            rlc-news@[EMAIL PROTECTED]
 is a moderated newsgroup where Moderators
strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond.  For all of the other tips and suggestions, see "FROM
THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on
the
Newsgroup.