Tag: qualify

Hardship Withdrawal

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

Accredited Investor

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

Qualified Widow Or Widower

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

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

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 Terminable Interest Property,

Qualified Terminable Interest Property (QTIP) Trust

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...

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...
Qualified savings bonds

Qualified Savings Bond

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...

Federal Direct Student Loan Program (FDSLP)

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

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