Qualified Retirement Plan

A plan that meets requirements of the Internal Revenue Code and as a result, is eligible to receive certain tax benefits. These plans must be for the exclusive benefit of employees or their beneficiaries.


There are two kinds of qualified plans, defined benefit plans and defined contribution plans.

Some examples of defined contribution plans are 401(k) plans, money purchase pension plan and profit sharing plans.




Tough Times...Should You Disturb Your Qualified Plan's Assets? - Before you do, know the eligibility rules, tax consequences and the proper procedures.

Qualified Plan Loans: Guidelines to Operations - Thinking of adding a loan feature to your company's plan? Here's what you need to know.

Introductory Tour through Retirement Plans - Here you will find tutorials that are each devoted to one the most common retirement plans, explaining how to establish, fund, and then take distributions from it.

Making Salary Deferral Contributions - Part 1 of 2 - If you aren't participating in your employer-sponsored retirement plan, you're missing out! Learn the benefits.

Making Salary Deferral Contributions - Part 2 of 2 - If you see barriers stopping you from participating in your employer-sponsored retirement plan, there may be some easy solutions.
Related Terms

Education IRA

Exempt Income

Internal Revenue Service (IRS)

IRA

Pension Plan

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