when the individual takes the retirement distribution (i.e., the funds) into their own personal possession and then looks for a new broker/company to invest the funds. This usually occurs when an employee leaves one job and takes his pension or accumulated account in one lump sum when he leaves.
Series 26: Rollover
Taken from our Series 26 - Investment Company Products/Variable Contract Limited Principal Exam
Definition of the term Rollover...
Since you're reading about Series 26: Rollover, you might also be interested in:
Please Enable Javascript
to view this content!
to view this content!