- qualified plan
Category: Business, LLCs & CorporationsCategory: Personal Finance & Retirement
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
- qualified plan
USAAn employee pension benefit plan that meets the requirements of IRC Section 401(a) and is entitled to the following preferential tax treatment:• Contributions are currently deductible.• Participants are not currently taxed on their benefits.• The trust is not subject to taxation.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
См. также в других словарях:
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