BLIND TRUST Definition

Bookmark and Share

BLIND TRUST is a trust where assets are not disclosed to their owner.

Learn new Accounting Terms

GULL is Georgetown University Legal Library; important resource for sales tax information.

QUALIFIED DOMESTIC RELATIONS ORDER (QDRO) is when a state court allocates an interest in a qualified retirement plan to a former spouse through a qualified domestic relations order. Payments made to a former spouse as the result of a QDRO will not result in the taxpayer being assessed a penalty for early withdrawal from the plan; the former spouse will be taxed on the benefits when received, or the benefits can be rolled over tax free into an IRS or another qualified retirement plan.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.