Here's Some Helpful IRA Terms 

Transfer

Moving similar plans (401k to 401k, IRA to IRA) directly from one financial institution to another financial institution.  This is very common with IRA accounts.  You're allowed to transfer IRA's at any time and often can move stock or funds "in-kind" or the cash from the account.  Your IRA custodian will ask you to fill out a transfer form (sometimes called TOA, or transfer of assets form).

Direct Rollover

Generally means to move an employer qualified plan like a 401k, 403b or 457 plan from your employer to an IRA account.  No taxes are involved in this transaction but it will be a reportable event.  Your employer will issue a 1099-R.  Visit the Rollover Center to understand the process.

 60-Day Rollover

This is a withdrawal from your account.  You have 60 days to redeposit the money into a retirement account.  This is very common with IRA accounts as your custodian will issue a check.