Qualified distribution definition

Qualified distribution means a distribution from a Roth Elective Deferral Account after the Participant has satisfied a five year tax holding period and has attained age 59½, died, or become Disabled, in accordance with Code Section 402A(d). The five year tax holding period is the period of five consecutive taxable years that begins with the first day of the first taxable year in which the Participant makes a designated Roth Elective Deferral under the Plan or to another retirement plan which amount was directly rolled over to the Plan, and ends when five consecutive taxable years have been completed.
Qualified distribution means a withdrawal or distribution from
Qualified distribution means any distribution or payment by a certified capital

Examples of Qualified distribution in a sentence

  • In all but 17 states,8 guardianship cases are heard in courts of general jurisdiction that hear all civil and criminal matters at the municipal, county, circuit, or district level.

  • No. Qualified distribution from the Roth portion of your account can be tax-free.

  • Qualified distribution methods.Strikes language allowing qualified distributions in the form of a check.

  • A Qualified distribution is one that the contributions are held in the Designated Xxxx Account for 5 consecutive tax years and the participant is at least age 59 ½, has become disabled or has died.

  • The appreciation value and interest earned are also not considered taxable income if the distribution is considered a Qualified distribution, was explained above.


More Definitions of Qualified distribution

Qualified distribution means a distribution or payment by a certified capital company to its equity holders for any of the following:
Qualified distribution means any distribution or payment by a Virginia small business investment
Qualified distribution means any of the following:
Qualified distribution means any distribution of funds, as defined in section 529 of the internal revenue code, for qualified higher education expenses from an account pursuant to a distribu- tion request from the account owner.
Qualified distribution means a distribution from the Account that is used to pay the Qualified Disability Expenses of the Beneficiary.
Qualified distribution means any distribution or payment by a qualified TNInvestco in connection with the following:
Qualified distribution means a direct trustee-to-trustee transfer described in Code section 401(a)(31)(A) to an eligible retirement plan (as defined in Code section 402(c)(8)(B)).