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Vitthub
Glossary term

Rollover

Move retirement balance tax-free

🌍 UniversalReviewed Plain-English
Definition

What is Rollover?

A rollover moves funds from one tax-advantaged retirement account to another without triggering tax. In the US: 401(k) → IRA is a direct rollover; 60-day indirect rollover triggers withholding. In India: EPF can be transferred between employers via UAN without tax impact.

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