Qualified Distribution

Qualified Distribution

A tax-exempt payment made to an annuitant from a Roth IRA. In order to be qualified, a distribution must occur at least five years after the Roth IRA was established and the annuitant must be at least 59.5 years old (unless there are extenuating circumstances such as a disability). A distribution is qualified because the contributions to the IRA are not deducted from the annuitant's taxable income.
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"The low output delivery and utilization rates were mainly attributable to lack of public bidding in procuring the services of the most qualified Distribution Utilities (Dus) to implement the project and some noted deficiencies in the project documents and implementation process of the program," COA explained.
Alim informed the House committee that a resolution is pending in the Iloilo City Council asking the national government to deny Peco a new franchise and for the government to take over the operations of the utility 'until such time that another qualified distribution utility may come in.'
As stated earlier, any qualified distribution from a Roth IRA is not includible in gross income.
For some clients who need to tap into some of this money before reaching qualified distribution status this treatment is less favorable than that offered by Roth IRAs.
Contributions to tax-free accounts are made after you pay tax on the income, but are withdrawn tax free later as long as you make a qualified distribution. Withdrawals from tax-deferred accounts will show up as ordinary income in the year in which they are withdrawn.
Payments that are made once the individual has attained fifty-nine-and-a-half years of age are considered qualified distributions. A distribution may also be a qualified distribution if it is made to an individual's beneficiary or estate after his death, or if distribution is attributable to the individual's disability.
aim at providing qualified distribution partners with training and authorisation
"As the pioneers of SSL content scanning we enjoy continued high demand for our SCIP SSL content proxy and with the recent release of our XSG XML Security Gateway we needed a highly qualified distribution partner to assist and support our channel partners and end users in the Middle East.
Under a Roth 401(k) feature employees who make after-tax contributions may take fully tax-free withdrawals in retirement (i.e., to the extent there is a "qualified distribution" the growth is never subject to federal income taxes).
If the assets started out in a Roth account inside a retirement plan, "the amount rolled over is not includible in the distributee's gross income, whether or not the distribution is a qualified distribution from the designated Roth account," officials write.
A "qualified distribution" from a Roth account is includable in the participant's gross income, and rollovers are available only to another Roth account or Roth IRA.

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