Super Finance Glossary
Over 10,000 financial glossary terms...
Qualified Plan Or Trust
Qualified Plan Or Trust
Definition: A tax-deferred plan allowing employer and employee contributions that build up savings, which are paid out at retirement or on termination of employment. Tax is paid only when amounts are drawn from the trust.
Definition: A tax-deferred plan allowing employer and employee contributions that build up savings, which are paid out at retirement or on termination of employment. Tax is paid only when amounts are drawn from the trust.