Financial Dictionary, Terms & Glossary  
 

Financial Definitions, Terms & Glossary
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Qualified Total Distribution Definition


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.

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