释义 |
Qualified total distribution Qualified total distributionA 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 DistributionThe 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. |