Glossary entry

English term or phrase:

distributable event

Spanish translation:

evento generador de distribución

Added to glossary by patinba
Dec 14, 2009 21:49
15 yrs ago
5 viewers *
English term

distributable event

English to Spanish Bus/Financial Other
However, employer contributions made to an annuity contract issued after December 31, 2008 may not be paid or made available before a distributable event occurs
Change log

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

+1
14 hrs
Selected

evento generador de distribución

Algo (no necesariamente una fecha) ocurre que dispara la distribución
Peer comment(s):

agree claudia bagnardi
15 mins
Gracias, Claudia!
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4 KudoZ points awarded for this answer. Comment: "Muchas gracias por tu respuesta fue muy útil"
1 hr

fecha de pago de prestación / beneficio

Así lo veo yo
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Reference comments

11 mins
Reference:

Hello

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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