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Glossary   >   Q   >   "Qualified trust" Definition            Qualified trust A trust whose underlying beneficiary may use his or her life expectancy to determine RMD amounts, including those for the beneficiary of a retirement account. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Qualified trust \ A trust whose underlying beneficiary may use his or her life expectancy to determine RMD amounts, including those for the beneficiary of a retirement account.