Glossary entry (derived from question below)
English term or phrase:
distributable event
Spanish translation:
evento generador de distribución
English term
distributable event
4 +1 | evento generador de distribución |
patinba
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4 | fecha de pago de prestación / beneficio |
Rafael Molina Pulgar
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Dec 20, 2009 05:02: patinba changed "Edited KOG entry" from "<a href="/profile/1016726">vantage's</a> old entry - "distributable event"" to ""evento generador de distribución""
Proposed translations
evento generador de distribución
fecha de pago de prestación / beneficio
Reference comments
I am unable to help with the Spanish, but have found this, which gives examples of what constitutes a distributable event...
http://209.85.229.132/search?q=cache:EwIFW2RAOboJ:www.irs.go...
A rollover from a TSA to an IRA may be permitted if there has been a distributable event. A distributable event would include death, disability, separation from service, hardship or attainment of age 59 ½ . Since you have not separated from service and are not age 59 ½ it does not appear that you have a distributable event. In such circumstances, a rollover from the TSA to an IRA would be an improper distribution and could have taxable consequences. A hardship distribution is not qualified for rollover treatment under any circumstances.
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