Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer

Enter Your Zip Code to Connect with a Lawyer Serving Your Area

searchbox small
Qualified Retirement Plan
A retirement plan that meets certain requirements under the Internal Revenue Code and is thus eligible for special tax considerations and benefits. Often, the plan allows employers to make tax deductible contributions on behalf of eligible employees. Employees generally do not have to pay tax on the plan earnings until they withdraw the money.
LA-NOLO1:DRU.1.6.2.20140917.28520