Qualified Trust

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Dictionary Says

Definition of 'Qualified Trust'

A tax-advantaged fiduciary relationship between an employer and an employee in the form of a stock bonus, pension, or profit-sharing plan in which the underlying beneficiary may use his or her life expectancy to determine required minimum distribution amounts. Section 401(a) of the Internal Revenue Code authorizes and sets forth the requirements for a qualified trust.
Investopedia Says

Investopedia explains 'Qualified Trust'

To be qualified, a trust must be valid under state law, must be irrevocable (or become irrevocable when the retirement account holder dies) and must have identifiable beneficiaries. Furthermore, the IRA trustee, custodian or plan administrator must be provided with a copy of the trust instrument. If a qualified trust is not structured correctly, disbursements will be taxable.
Search results for

'Qualified Trust'

  • What are the requirements that a trust needs to meet to be ...

    http://www.investopedia.com/ask/answers/03/122303.asp
    The requirements that a trust must meet to be qualified are as follows: The trust
    must be a valid trust under state law or would be except for the. ...

  • 3 Deadlines For Retirement Plan Beneficiaries

    http://www.investopedia.com/articles/retirement/03/120303.asp
    ... If a qualified trust is the beneficiary of the retirement account, then the life
    expectancy of the oldest underlying beneficiary of the trust may be used to ...

  • Pick The Perfect Trust

    http://www.investopedia.com/articles/pf/08/trust-basics.asp
    ... Qualified Domestic Trust This is a special trust that allows the non-citizen spouse
    to benefit from the marital deduction normally allowed to other married ...

  • Should You Put Your Faith In A Trust?

    http://www.investopedia.com/articles/retirement/08/trust-company.asp
    ... trusts; Marital trusts; Educational trusts; Retirement trust accounts such as IRAs
    and qualified plans (For more on trusts, read Pick The Perfect Trust.). ...

  • Series 66 Study Guide - Analyzing Your Client's Financial Profile ...

    http://www.investopedia.com/exam-guide/series-66/analyzing-financial-profile/corporate-trust-income-tax.asp
    ... Gains and Losses and Wash Sales; 3.7 Corporate and Trust Income Tax; ... 4.5 Coverdell
    Education Savings Accounts; 4.6 Qualified Retirement Plans; 4.7 Important ERISA ...

  • Designating A Trust As Retirement Beneficiary

    http://www.investopedia.com/articles/retirement/04/081804.asp
    ... This can be accomplished by designating a trust that meets certain requirements,
    such as a qualified terminable interest property (QTIP) trust. ...

  • Tax Treatment Of Ineligible IRA Rollovers

    http://www.investopedia.com/articles/retirement/04/041404.asp
    ... A 403(b) plan; A qualified trust; A qualified 403(a) annuity plan. An RMD amount
    from an IRA or other retirement plan; A hardship distribution ...

  • 401(k) And Qualified Plans: Eligibility Requirements ...

    http://www.investopedia.com/university/retirementplans/qualifiedplan/qualifiedplan2.asp
    ... Under a prototype plan, a separate trust or custodial account is ... Financial planners;
    Accountants. Establishment Deadline A qualified plan must be established by ...

  • An Estate Planning Must: Update Your Beneficiaries

    http://www.investopedia.com/articles/retirement/03/031803.asp?partner=aol-d
    ... There are various trust options to choose from, including 'qualified terminable
    interest property' and 'qualified domestic trust'. ...

  • Estate Planning: Marital And Non-Marital Trusts | Investopedia

    http://www.investopedia.com/university/estate-planning/estate-planning7.asp
    ... Qualified Domestic Trust (QDOT) Estate planning for non-citizen spouses
    has its challenges. Normally all property passing outright ...

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