The taxonomic kingdom Protista is a collection of single-celled organisms that do not fit into any other category. Protists are a group made up of protozoa, unicellular algae, and slime molds. We will concentrate on the animal portion of this group: the protozoa (proto = first, zoa = animals). Protozoa are the oldest known group of heterotrophic life that consume and transform complex food particles into energy. Although protozoans are only made up of a single cell, these organisms manage to perform all the basic tasks of life. The protozoa are divided into four major groups: the ciliates, the flagellates, the heliozoans, and the amoebas.
To view or print the Microsoft Word content on this page, download the free Microsoft Word Viewer. Today, Treasury and the IRS finalized regulations regarding minimum distribution rules for defined benefit plans and annuity products purchased with account balances in other types of qualified retirement plans and IRAs.
Defining Qualified Distribution. Distributions from a Roth IRA that are not qualified may be subject to income tax and an additional 10% early-distribution penalty. A qualified distribution meets both of the following two categories of requirements: 1. nonqualified distribution of taxable Traditional IRA conversion assets may be subject to early-distribution penalties. And finally, a nonqualified distribution of earnings may be subject to income tax and the early-distribution penalty.