Investments Personal Finance Retirement

Q&A: What is a Rollover IRA?

A Rollover IRA is similar to a Traditional IRA, except the “Rollover” part means the money came from an employer-sponsored retirement account (like a 401(k)/403(b) or 457). The “Rollover” designation allows the account to retain full protection from creditors, whereas normal IRAs have a limit to how much is protected (currently $1,362,800, with adjustments for inflation made every three years, with the next adjustment being in 2022).

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