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Glossary > Q > "Qualified Retirement Plan" Definition

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.

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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.

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.