qualified plan

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Qualified Plan

An annuity that one buys along with one's employer. That is, the annuitant and his/her employer both make tax-deferred contributions to the plan for a certain period, with withdrawals coming upon retirement. If the annuitant begins withdrawals before a certain age, withdrawal penalties apply. One may continue to make contributions until a certain age, usually around 65.

qualified plan

An employer-sponsored tax-deferred employee benefit plan that meets the standards of the Internal Revenue Code of 1954 and that qualifies for favorable tax treatment. Contributions by an employer and an employee accumulate without being taxed until payouts are made at the employee's retirement or termination.
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As Robertson is a case of first impression in Florida, the authors believe it addresses an issue of great importance, potentially affecting thousands of nonspouse beneficiaries of IRAs and other types of tax-qualified plans or accounts in Florida.
The Robertson case: a beneficiary by any other name is still a beneficiary
Employer plans are tax-qualified plans described in IRC Sec.
Distribution relief: new law suspends certain RMDs for 2009
General types of tax-qualified plans under Section 125:
Flexible benefit plans
Instead, the purchase is conducted in the form of a contribution, similar to other tax-qualified plans.
The ESOP option in selling a business
The Code does not require tax-qualified plans to make mandatory distributions, so only plans that make them need to be amended to comply with the automatic rollover rules.
Current developments: this two-part article provides an overview of current developments in employee benefits, including executive compensation, welfare benefits and retirement plan requirements. Part II focuses on qualified plans and welfare benefits
The Internal Revenue Service (IRS) studied 401(k) plan compliance with Internal Revenue Code requirements for tax-qualified plans.
Private Pensions: IRS Can Improve the Quality and Usefulness of Compliance Studies
But tax-qualified plans are restrictive, requiring recipients to be chronically ill and subject to a plan of care provided by a licensed health care practitioner.
Long-term care primer. (Benefits)
The rules for ESOPs are similar to those of other tax-qualified plans in terms of participation, allocation, vesting, and distribution, but special considerations may apply.
Is there an ESOP in your company's future? An employee stock ownership plan could enhance your company's bottom line. (Cash Management)
Here he reviews deferred compensation from taxable subsidiaries, enhanced tax-qualified plans, severance benefits, and consulting contracts-additional options that may be available depending on the situation of the individual executive.
Supplemental Retirement Benefits Part II: Options for Deferred Compensation From Other Sources
Generally, deferred compensation arrangements and stock option plans are not subject to the same complicated regulations that can make administering tax-qualified plans so expensive.
Walking the Line
Most of IRAs' asset growth has come from investment gains and rollovers from other tax-qualified plans (such as 401(k)s), and not from new contributions.
New EBRI Research: Demographics a Key Factor in IRA Ownership
Since 1974, Congress has repeatedly reduced the benefits that can be provided in tax-qualified plans.
CBF Backs Pension Reform Bill

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