Tag: qualify

What is 'Hardship Withdrawal' An emergency withdrawal from a retirement plan that may be subject to certain tax or account penalties. In...

DefinitionAn accredited or sophisticated investor is an investor with a special status under financial regulation laws. The definition of an accredited investor, and the...

What is 'Qualified Widow Or Widower' The least common of the five types of tax filing status each taxpayer must select from...

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...

What is 'Qualified Eligible Participant - QEP' An individual who meets requirements to trade in different investment funds, such as futures and...

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...

What is a Qualified Terminable Interest Property (QTIP)? A Qualified Terminable Interest Property, or QTIP, is a type of trust that provides income to a...

What is 'Qualified Higher Education Expense' Expenses such as tuition and tuition related expenses that an individual, spouse, or child must pay...

What are Qualified Savings Bonds Qualified savings bonds are a type of investment that can offer certain tax advantages for taxpayers who meet the eligibility...

What is 'Federal Direct Loan Program ' A program that provides low-interest loans to postsecondary students and their parents. The William D....