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 any distribution or payment by a Virginia small business investment
Qualified distribution means a withdrawal or distribution from

Examples of Qualified distribution in a sentence

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

  • BTES 060 – Essential Skills This course supports students to develop and increase essential skills in reading text, applying numeracy applications, and using documents relevant to the curriculum in trades and mine training programs.


More Definitions of Qualified distribution

Qualified distribution means any distribution or payment by a certified capital
Qualified distribution means any of the following:
Qualified distribution means a distribution or payment by a certified capital company to its equity holders for any of 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)).
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 a lifelong
Qualified distribution means any distribution or payment by a qualified TNInvestco in connection with the following: