Category: Q

Definition A Qualified Distribution refers to a tax-free withdrawal made from specific types of tax-advantaged accounts, such as a Roth IRA or a 529 college

Definition Qualified Adoption Expenses (QAE) refer to the necessary costs an individual or a couple incurs while legally adopting a child. These expenses may include

Definition A Qualified Charitable Organization (QCO) is a nonprofit entity that has been granted tax-exempt status by the Internal Revenue Service (IRS) under Section 501(c)(3)

Definition Qualification ratio, also known as the debt-to-income (DTI) ratio, is a financial term used by lenders to assess a borrower’s ability to repay a

Definition A Qualified Annuity is a type of retirement savings plan that receives special tax treatment, as it is funded with pre-tax dollars. These annuities

Definition A Qualified Appraisal is a formal, documented evaluation of an item’s fair market value, usually conducted by an unbiased professional appraiser. It is often

Definition A Qualified Domestic Relations Order (QDRO) is a legal decree that defines how retirement benefits will be divided between divorcing spouses. Specifically, it allows

Definition A Qualified Higher Education Expense (QHEE) refers to the essential costs related to attending an eligible educational institution, which can be covered using funds

Definition Qualified Institutional Placement (QIP) is a fundraising mechanism utilized by publicly-traded companies to issue securities, such as shares, debentures, or warrants, to a select

Definition A Qualified Domestic Trust (QDOT) is a legal arrangement in the United States designed specifically for non-citizen surviving spouses to benefit from estate tax