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Term of the Day
spousal beneficiary rollover
spot zoning
spousal contributions
Definition
The
transfer
of a deceased
person's
remaining
retirement
assets
to a surviving
spouse
. This may be done by simply transferring
ownership
of the retirement
asset
, or by transferring
available
funds
to a retirement
account
held
by the
beneficiary
.
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Popular 'Retirement' Terms
annuity
OASDI
deferred compensation
Social Security
IRA
qualified retirement plan
annuitant
non-qualified retirement plan
liquid net worth
401(k) plan
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