MLchartDataset catalogue

Qualified retirement plan

Term · Law · MLC-T-LAW-004068

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

Table 1. Record
IdentifierMLC-T-LAW-004068
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-004068",
  "term": "Qualified retirement plan",
  "field": "Law",
  "definition": "An employer-sponsored retirement plan that meets specific requirements of the Internal Revenue Code, allowing for tax-deferred growth on contributions and earnings. These plans include 401(k)s, 403(b)s, and pension plans. Contributions to these plans are often tax-deductible for the employer and not immediately taxable to the employee.",
  "url": "https://mlchart.com/terminology/law/qualified-retirement-plan/"
}

Record 4,117 of 5,441 in Law terminology (MLC-0107). Request the full dataset.