A complete overview of retirement rollovers can be found in this TaxBuzz Guide. Find all of the information you need to know about moving funds from one retirement account to another in the following sections.

A rollover is a tax-free withdrawal of cash or other assets from one retirement plan and its reinvestment in another retirement program.  The amount transferred is excluded from gross income in the year of the transfer.  A qualified plan generally must provide participants who receive distributions with the election to have an “eligible rollover distribution” paid directly to an “eligible retirement plan”--i.e., in a trustee-to-trustee transfer.  This rule is in accord with the income tax withholding rules for “eligible rollover distributions.”