Glossary
| Term | Definition |
|---|---|
| Real Estate Investment Trust (REIT) |
A pooled investment that invests primarily in real estate. REITs trade like stocks on the major exchanges. Keep in mind that the return and principal value of REIT prices will fluctuate as market conditions change. And shares, when sold, may be worth more or less than their original cost.
|
| Required Minimum Distribution (RMD) |
The amount that must be withdrawn annually from a qualified retirement plan, beginning April 1 of the year following the year in which the account holder reaches age 73.
|
| Revenue |
The amount of money a company brings in from its business activities during a given period, before expenses and taxes have been subtracted.
|
| Risk |
The chance an investment will be lost or will provide less-than-expected returns.
|
| Rollover |
A tax-free transfer of assets from one qualified retirement program to another. Rollovers must be made in accordance with specific requirements to avoid a taxable event.
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| Roth IRA Conversion |
The process of transferring assets from a traditional, SEP, or SIMPLE IRA to a Roth IRA. Roth IRA conversions are subject to specific requirements and may be taxable.
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