Financial and business terms

QUALIFIED RETIREMENT PLAN

qualified retirement plan: translation

A retirement plan established by employers for their employees that meets the requirements of Internal Revenue Code Section 401( a) or 403( a) and is eligible for special tax considerations. The plan may provide for employer contributions, as in a pension or profit-sharing plan, as well as employee contributions. Employers can deduct plan contributions made on behalf of eligible employees on the business's tax return as business expenses. Plan earnings are not taxed to the employee until withdrawn.Bloomberg Financial Dictionary

  1. qualified retirement plan—Qualified Retirement Plan translationA plan that meets requirements of the Internal Revenue Code and as a result is eligible to receive certain tax benefits. These plans ...Investment dictionary
  2. qualified retirement plan—сокр. QRP страх. эк. тр. амер. qualified pension plan qualified plan....Англо-русский экономический словарь