I need to know where to get fund manager that deals with rollover program?
2007-07-30 18:13:48 · 3 answers · asked by mrzainal 1 in Business & Finance ➔ Investing
If you are referring to buying bonds, what that means is when the bonds you hold mature, then you automatically rollover to the next maturity, so your money is always invested and you lose no interest. This is normal procedure for the money manager to do if you so instruct them.
2007-07-30 21:29:47 · answer #1 · answered by BangkokBob 4 · 0⤊ 0⤋
A rollover is usually when you move from one job to another, you can take the money invested for your retirement from one company and move it to another company. But you say you have a bank guarantee of $10 million dollars? Sounds like someone is scamming you and playing on your ignorance. Look up the phrase "Nigerian scam" to see if it sounds like what's happening to you.
2007-07-30 20:02:26 · answer #2 · answered by Katherine W 7 · 0⤊ 0⤋
Rollover means it is for tax deductible money. You can not deposit money that is not eligible for a tax deductable account.
Morningstar.com list managers that handle rollovers.
2007-08-07 12:39:21 · answer #3 · answered by sprinks2233 2 · 0⤊ 0⤋