distribution from a qualified retirement plan that is eligible to be rolled into another retirement plan/IRA. To be eligible to get a distribution, a qualifying event must occur: Separation from service Disability Death-Spouse is beneficiary Other events may include: Qualified Domestic Relations Order
A retirement plan distribution that qualifies for tax-free rollover to an individual retirement account (IRA) or qualified plan. Most non-annuity distributions are eligible.
A distribution under applicable law of pretax money rolled over to this plan from another eligible retirement plan in a direct rollover. (A distribution made by hardship withdrawal, or in a series of equal periodic payments is not an eligible distribution.)