Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,424,187 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Lump Sum Distribution

    0.01 sec.
Lump-Sum Distribution
A one-time payment of the entire amount owed to another party. Examples of lump sum distributions include life insurance pay outs, or death benefits from a pension. It is important to note that, by definition, lump-sum distributions do not occur in annuities, as annuities pay out a certain amount over time.
Lump Sum Distribution
A lump-sum distribution is the payment of the entire balance in an individual's employer-provided retirement plan in one calendar year. When figuring whether a distribution is a lump-sum distribution, special rules apply to individuals who participate in more than one plan. The recipient of a lump-sum distribution may be eligible for special tax treatment of the distribution. See "10-Year Averaging."
Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
A Reliever IRA simultaneously addresses the issues of taxation, flexibility and control, and may hold significant benefits: * If your distribution is transferred directly to a custodian, rather than to you, the Rollover IRA eliminates the withholding requirement and penalties that may result from a lump sum distribution.
A period of transition by Sommese, Donald E. / New Hampshire Business Review
If your plan provides for lump sum distributions, you may want to start educating your employees now about the changes in 2008 that serve to lower the dollar amount of these distributions.
Your retirement plans: the impact of the Pension Protection Act of ... by Goller, Greg / The Non-profit Times
Tax treatment of lump sum distributions As the option to take a lump sum has grown over the past two decades, policy makers have adjusted the tax code to encourage the roll over of distributions.
An analysis of lump-sum pension distribution recipients: according to ... by Moore, James H., Jr.; Muller, Leslie A. / Monthly Labor Review
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.