A type of withdrawal distribution from a Roth IRA that the investor takes prior to specific withdrawal requirements being met. Can also refer to a distribution that exceeds the amount that is used for qualified education expenses from an education savings account. In most cases, these distributions may incur a 10 percent penalty on the amount withdrawn.
Related information about non-qualified distribution:
- Non-Qualified Distribution Definition | Investopedia
1) A distribution from a Roth IRA that occurs before the Roth IRA owner meets certain requirements (see definition for qualified distributions). 2) A distribution ...
- Non-Qualified Distribution - Financial Dictionary - The Free Dictionary
A distribution from an IRA, 401(k), education savings plan, or similar vehicle that is subject to income tax when it otherwise would not be. Generally speaking, a ...
- Non-Qualified Distribution: Definition from Answers.com
Non-Qualified Distribution 1) A distribution from a Roth IRA that occurs before the Roth IRA owner meets certain requirements (see definition for qualified.
- Roth IRA non-qualified distribution and FAFSA - Savingforcollege ...
Can anyone explain why a non-qualified Roth IRA distribution (return of contributions) counts as "non-taxed income" for FAFSA? Makes no ...
- What is non-qualified distribution? definition and meaning
Definition of non-qualified distribution: A type of withdrawal distribution from a Roth IRA that the investor takes prior to specific withdrawal requirements being ...
- Roth Distributions - TaxAlmanac
Nov 6, 2006 ... If a distribution does not meet the conditions of a qualified Roth distribution ( defined above), then the distribution is a non-qualified distribution.
- Roth IRA Withdrawal Rules
Qualified Distribution – withdrawal is totally tax free; Non- Qualified Distribution - taxable as ordinary income with an additional 10% penalty; Non-Qualified with ...
- Ask Kantro: How Do I Fix an Non-Qualified Distribution from a ...
Apr 4, 2011 ... I had a CollegeSure CD for my son who started college last fall. After the CD matured in August, I cashed it out and put the money in a savings ...