Final answer:
EDing pension proceeds refers to distributing the funds without incurring tax penalties.
Step-by-step explanation:
When it comes to ED the pension proceeds, it is important to understand that ED stands for 'exempt distribution'. In the context of pension proceeds, it refers to the distribution of the funds without incurring any tax penalties. This can be achieved by following specific guidelines set by the government, such as ensuring the funds are used for qualified expenses or rolling them into another qualified retirement account.