Distribution

Definition

Amount paid from a retirement plan as a reportable transaction. A distribution can  be processed as a direct rollover  or paid to the participant.

Referring Cite

IRC § 401(a)(9) for RMDs, IRC § 72(t) for early distribution penalties,  IRS Publication 590 for IRAs, IRS Publication 575 for qualified plans, Treas. Reg. 1.401-1(b)(1)(ii)) for triggering events

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