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Qualified Total Distribution |
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Qualified total distribution A payment representing an employee's interest in a qualified retirement plan. The payment must be prompted by retirement (or other separation from service), death, disability, or attainment of age 59-1/2. Payment can be in installments as long as the complete distribution is made within a single tax year. Qualified Total Distribution The total amount to which a person is entitled from his/her qualified retirement plan. Depending on the nature of the retirement plan, this amount can be fixed, or it could vary according to how long the person lives. See also: Qualified distribution. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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