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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.

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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.