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• A onetime, total distribution of a member’s contributions and interest from a qualified plan. Refund payments are considered lump-sum distributions.

  South Carolina Retirement Systems - Cite This Source - This Definition
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  Cite Definition for Lump-Sum Distribution

  American Psychological Association (APA)

  Lump-Sum Distribution. (n.d.). SCRS Glossary. Retrieved June 6, 2023, from website: http://www.expertglossary.com/definition/lump-sum-distribution.

  Chicago Manual of Style (CMS)

  Lump-Sum Distribution. www.retirement.sc.gov. SCRS Glossary. South Carolina Retirement Systems. http://www.expertglossary.com/definition/lump-sum-distribution (accessed: June 6, 2023).

  Modern Language Association (MLA)

  "Lump-Sum Distribution." SCRS Glossary. South Carolina Retirement Systems. 6 June. 2023 http://www.expertglossary.com/definition/lump-sum-distribution.

• Browse Related Terms: 401(k) Savings Plan and 457 Savings Plan, Average Final Compensation (AFC), Defined Contribution Plan, Direct Rollover, IRC Section 401(a), Lump-Sum Distribution, Qualified Domestic Relations Order (QDRO), Qualified Plan, Rollover, Roth 401(k) Savings Plan, Single-Sum Distribution, Tax-Deferred

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