Tag: spouse

When planning retirement with a spouse, there’s plenty to think about. There may be some differences in each person’s vision for retirement, and you...

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

What is an 'Immediate Family' Immediate family members usually include a person’s parents, spouse, children and siblings. A person’s grandparents, grandchildren, in-laws...

What is an immediate beneficiary An immediate beneficiary is a person or entity who receives benefits from a trust or other financial arrangement immediately, as...

What is 'Named Beneficiary' This term refers to any beneficiary named in a will, a trust, an insurance policy, pension plan accounts,...

Qualified Pre-Retirement Survivor Annuity (QPSA) What is 'Qualified Pre-Retirement Survivor Annuity - QPSA' A death benefit that is paid to the...

What is 'Qualified Domestic Relations Order - QDRO ' A type of court order typically found in a divorce agreement that recognizes...

What is 'Qualified Trust' A tax-advantaged fiduciary relationship between an employer and an employee in the form of a stock bonus, pension,...

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