Business / Taxes / Minimum Required Distribution (MRD): A minimum required distribution is the smallest amount you can take each year from your retirement savings plan once you've reached the mandatory withdrawal age. There are MRDs for 401(k) plans, 403(b) plans, and traditional IRAs, and the maximum age you can reach before they start is usually 70 1/2. If you take less than the required minimum, you owe a 50% penalty on the amount you should have taken. You calculate your MRD by dividing your account balance at the end of your plan's fiscal year — often December 31 — by a distribution period based on your life expectancy. If your spouse is your beneficiary and more than ten years younger than you are, you can use a longer distribution period than you can in all other circumstances.
Distribution Noun Synonyms: issuance, circulation, dissemination, giving (out), dispersal, dispensation, deployment
Distribution Verb Synonyms: apportionment, allotment, allocation, assignment, parcelling or also parceling out, sharing, deployment
Business / Agriculture / Minimum Tillage: The minimum soil manipulation necessary for crop production. Conservation tillage, reduced tillage, and no-till farming are related terms. MORE
Entertainment / Video Games / Minimum System Requirements: Computer games only (does not apply to console games). A written description of the lowest operating system, CPU speed, CD drive speed, RAM, hard disk space, etc. That are required in order to play th MORE