Tag: eligible
Qualified Retirement Plan
What is a qualified retirement plan
A qualified retirement plan is a type of retirement savings plan that offers certain tax advantages to encourage employees...
Qualified Adoption Expenses (QAE)
What is 'Qualified Adoption Expenses - QAE' The necessary costs paid to adopt a child younger than 18 years of age or...
Qualified Charitable Organization
What is a Qualified Charitable Organization (QCO)?
A Qualified Charitable Organization (QCO) is a type of nonprofit organization that is exempt from paying federal income...
Qualified Eligible Participant (QEP)
What is 'Qualified Eligible Participant - QEP' An individual who meets requirements to trade in different investment funds, such as futures and...
Qualified Reservist
What is a Qualified Reservist
A qualified reservist is an individual who meets the requirements to serve in the Reserve component of the United States...
Qualified Dividend
DefinitionQualified dividends, as defined by the United States Internal Revenue Code, are ordinary dividends that meet specific criteria to be taxed at the lower...
Qualified Mortgage Insurance Premium
What is a Qualified Mortgage Insurance Premium
A qualified mortgage insurance premium (MIP) is a type of mortgage insurance that homebuyers are required to purchase...
Qualified Distribution
What is a 'Qualified Distribution' Distributions made from a Roth IRA that are tax and penalty free. In order to be a...
Qualified Higher Education Expense
What is 'Qualified Higher Education Expense' Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay...
Family And Medical Leave Act (FMLA)
What is 'Family And Medical Leave Act - FMLA' The Family and Medical Leave Act (FMLA) was signed into law on August...