The color scheme was created by TV. journalist Tim Russert on the Today Show, and NBC program, during coverage of the 2000 presidential election. The red color is associated â¦ with the Republican Party and the blue color is associated with the Democratic Party. Another NBC journalist John Chancellor used the system as well in 1976, but his color scheme was reversed. People needed to differentiate between the two parties on big T.V. maps so it just stuck.
If you want to move your IRA, you have two options. The first is a rollover and the second is a transfer. The difference between the two is whether you take receipt of the money in the IRA. In a rollover, you cash out your IRA and have up to 60 days to put it into a new one or you pay penalties and taxes.
How to Transfer an IRA Account. If you want to move your IRA, you have two options. The first is a rollover and the second is a transfer. The difference between the two is whether you take receipt of the money in the IRA.