MLchartDataset catalogue

Qualified plan

Term · Law · MLC-T-LAW-004067

An employee benefit plan that meets specific requirements of the Internal Revenue Code and ERISA, allowing for tax-deferred growth of contributions and earnings. Contributions to these plans are often tax-deductible for the employer and not immediately taxable to the employee. Examples include 401(k)s, 403(b)s, and traditional pension plans.

Table 1. Record
IdentifierMLC-T-LAW-004067
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004067",
  "term": "Qualified plan",
  "field": "Law",
  "definition": "An employee benefit plan that meets specific requirements of the Internal Revenue Code and ERISA, allowing for tax-deferred growth of contributions and earnings. Contributions to these plans are often tax-deductible for the employer and not immediately taxable to the employee. Examples include 401(k)s, 403(b)s, and traditional pension plans.",
  "url": "https://mlchart.com/terminology/law/qualified-plan/"
}

Record 4,118 of 5,445 in Law terminology (MLC-0107). Request the full dataset.