Describe the distribution or payout options available to taxpayers participating in qualified defined benefit plans. How are

Question:

Describe the or payout options available to taxpayers participating in qualified defined benefit plans. How are defined benefit plan distributions to recipients taxed?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...