Qualified plan or trust
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.
Nearby TermsQualified endorsement Qualified opinion Qualified plan or trust Qualified retirement plan Qualified Terminable Interest Property Trust (Q-TIP)
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University