BNET Business Dictionary
Business Definition for: Automatic Rollover
- on the London Money Market, the automatic reinvestment of a maturing fixed term deposit for a further identical fixed term, an arrangement that can be canceled at any time
Additional Resources
- New Automatic Rollover Requirement - What to Do Now
- For retirement plan distributions after March 27, 2005, new automatic rollover rules apply to amounts that could have been involuntarily cashed out under prior law. As a result, most plan sponsors need to quickly change the processing of retirement plan distributions so that checks will not be mailed after March...
- White papers 2005-01-31
- Society for Human Resource Management Selects RolloverSystems' Automatic Rollover Service; World's largest HR management association takes step to streamline retirement plan, gives employees power of choice when rolling over funds
- CHARLOTTE, N.C. -- RolloverSystems, which pioneered the independent, automated 401k rollover platform, today announced it will provide automatic rollover services to employees of the Society for Human Resource Management SHRM.
- Research articles 2006-01-31
- Principal Bank Joins RolloverSystems Network; Company Continues to Expand Automatic Rollover Options
- CHARLOTTE, N.C. -- RolloverSystems, Inc., the leader in technology-based rollover solutions, announced today that Principal Bank, a member of the Principal Financial GroupR, will join the RolloverSystems network as a Safe Harbor IRA provider. With the addition of Principal Bank, RolloverSystems gives companies and their eligible employees access to the...
- Research articles 2005-07-13
- DOL Finalizes Regulations for Automatic Rollovers of Plan Distributions.
- Originally published October 12, 2004 The Department of Labor (the "DOL") finalized regulations (the "Final Regulations") under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), that establish a safe harbor for ERISA plan fiduciaries in connection with the automatic rollover of mandatory distributions from ERISA...
- Research articles 2004-10-13
- DOL creates safe harbor for automatic cash-outs of small retirement plan accounts
- THE U.S. DEPARTMENT OF LABOR has released the final version of a "safe harbor" regulation that could create more than $11 million in business for retirement plan advisors. The rule, Fiduciary Responsibility Under the Employee Retirement Income Security Act of 1974 Automatic Rollover Safe Harbor, affects workers who...
- Research articles 2004-10-04
- MetLife Works with Millennium Trust to Launch Automatic Ira Rollover Program for Small- and Medium-Sized Firms; Results: Lowered Administration Costs and Time Savings for Plan Sponsors
- NEW YORK -- MetLife Retirement Plans, a division of MetLife Retirement & Savings, announced today that the company is working with Millennium Trust Company, LLC to provide its small- and medium-sized 401k plan customers with an automatic IRA rollover program. With more than 9,000 client accounts, Millennium Trust is a...
- Research articles 2005-05-03
- Daland Corporation Adopts RolloverSystems Automated 401 Rollover Platform; Leading Pizza Hut and Panera Bread franchisee seeks the ease of automated rollovers for employees
- CHARLOTTE, N.C. -- RolloverSystems, which pioneered the independent 401k automated rollover platform, today announced it will provide rollover services - including automatic rollovers under EGTRRA - for employees of Daland Corporation, a large Pizza Hut franchisee in the U.S. Daland owns and operates 95 Pizza Hut restaurants in 12 states...
- Research articles 2006-01-11
- Waiver of IRA-Rollover Penalty No Sure Thing.(Brief Article)
- WAIVER OF IRA-ROLLOVER PENALTY NO SURE THING In April, you said the IRS now allows more taxpayers to avoid paying a penalty when they take more than 60 days to roll over funds from one IRA to another. What's the latest? The...
- Research articles 2004-06-01
- Changes in Cash-Out Rules for Qualified Plans
- Business owners who maintain a qualified plan for their business are required to operate the plan under the new cash-out/automatic rollover rules, which came into effect as of Mar 28, 2005. (Employers may have until Dec 31, 2005, to amend their qualified plan for these changes, depending on when their...
- White papers 2005-04-25
- 2010 Acura ZDX on sale at end of 2009
- 08/16/2009 - TORRANCE, Calif. - The all-new 2010 Acura ZDX four-door sports coupe will arrive this winter at Acura dealerships with dramatic styling, outstanding performance and the latest in advanced technology. The segment bending ZDX features stunning coupe-like styling with the added benefit of a commanding presence and flexible utility....
- News items 2009-08-17
- Can You Afford to Retire ... Ever?
- The "new normal" retirement will start at 67, not 62. You'll pay for it with investments that don't even exist today. And you'd better start saving now. You know what happened...
- Articles 2009-06-22
- First Charter Bank to Utilize RolloverSystems for Retirement Plan Rollovers
- CHARLOTTE, N.C. -- First Charter Bank has chosen the RolloverSystems RolloverHQTM platform to provide independent, automated retirement plan rollover services, including EGTRRA-mandated automatic rollovers, to some of the 180,000 retirement plan clients of First Charter Bank and its subsidiary, SouthEastern Employee Benefit Services SEBS. "We wanted to give our...
- Research articles 2006-02-14
- Make It Automatic: To Boost Retirement Savings, Future Plans May Turn Every Step From Enrollment to Rollover Into a "Default" Choice for Employees
- Rule No. 1: Inertia dominates human actions. Rule No. 2: People fear loss more than they value gain. As two tenets of behavioral finance, these principles are still largely confined to being studied in the world's business schools. But the twin theories already serve as the underpinning of a 401k...
- White papers 2005-04-01
- When Savers Should Spend
- There comes a time when savers stop working and want to withdraw money from their retirement accounts. New mutual funds from Fidelity (fidelity.com) and Vanguard (vanguard.com) are designed to help. Both offerings are diversified mutual funds that will make automatic monthly payouts to investors. Retirees can move their IRA...
- Research articles 2007-10-22
- Inductotherm.(CastExpo '05 Exhibitors Preview)(Brief Article)
- Booth 2207: Inductotherm will be joined at CastExpo by its sister companies HI T.E.Q., IHS and CONSARC. They will show how today's most productive foundries, die casters and producers of special castings are using equipment from Inductotherm companies for a broad range of applications....
- Research articles 2005-03-01
- TESMEC USA.(Cable Laying Equipment)
- TESMEC's TRS-700B, designed for dirt and light rock application, features a 185 horsepower Cummins engine and weights 29,000 pounds. With a six-foot boom and 12-inch cup cutters, maximum digging depth in dirt is eight feet and six feet in rock. Maximum digging width in dirt is...
- Research articles 2003-12-01
- Tesmec USA.(Cable Laying Equipment)
- TESMEC's TRS-700B, designed for dirt and light rock application, features a 185 horsepower Cummins engine and weights 29,000 pounds. With a six-foot boom and 12-inch cup cutters, maximum digging depth in dirt is eight feet and six feet in rock. Maximum digging width in dirt is...
- Research articles 2004-12-01
- TESMEC USA. (Equipment Spotlight: cable laying equipment).
- TESMEC introduces its first machine designed for dirt and light rock application. The new TRS-700 features a 185 horsepower Cummins engine and weights 28,000 pounds. With a six-inch boom and 12-inch cupcutters. Maximum digging depth in dirt is eight feet. Maximum digging width in dirt is...
- Research articles 2001-12-01
- Inductotherm Corp
- Inductotherm will be joined at CastExpo by its sister companies HI T.E.Q., IHS and CONSARC. They will show how today's most productive foundries, die casters and producers of special castings are using equipment from Inductotherm companies for a broad range of applications. In addition, Inductotherm will demonstrate its new Melt-Manager[R]...
- Research articles 2005-03-01
