Eligible Rollover Distribution
A distribution from an IRA, qualified plan, 403(b) plan or 457 plan that is eligible to be rolled over to another eligible retirement plan.
Investopedia Commentary
Often, an eligible rollover distribution occurs when an individual leaves the service of an employer. The rollover rules allow the individual to bring the assets to their IRA or a retirement plan at a new employer.
Related Links
Moving Your Plan Assets?
See also: 403(B) Plan, 457 Plan, Individual Retirement Account (IRA), Rollover, Transfer