Qualified retirement plans are Congressionally approved retirement plans which have several major tax benefits.

A. The employer's contributions can be deducted for income tax purposes.
B. The earnings on the plan's investments accumulate income tax free.
C. When the funds are distributed at retirement age, they may be eligible for favorable tax treatment.
D. Taxpayers are often in a lower income tax bracket after retirement.

Two Principal Types Of Plans
Summary Of Types Of Plans

This document was last modified on July 26, 1999

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