Automatic Rollover

  

Yup, you got too aggressive with that dog training. Rover just ended up dizzy. Next time, think fish.

In finance terms, an automatic rollover happens when money is moved out of a retirement account into another one, without the individual benefiting from account having to do anything. It happens automatically.

A common situation: someone with a few thousand bucks in a company retirement account leaves the company. The company doesn't want this on the books, so the money is automatically rolled over into another account.

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