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 Glossary   >   Q   >   "Qualified trust" Definition   

        Qualified trust

A trust whose underlying beneficiary may use his or her life expectancy to determine RMD amounts, including those for the beneficiary of a retirement account.

Qualified trust


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Qualified trust - A trust whose underlying beneficiary may use his or her life expectancy to determine RMD amounts, including those for the beneficiary of a retirement account.


Qualified trust : a trust whose underlying beneficiary may use his or her life expectancy to determine rmd amounts, including those for the beneficiary of a retirement account.