What Is A Qualified Retirement Plan To IRS?

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   David RacichPRO

   Fountain Hills, Arizona

   The IRS has sanctioned many types of retirement plans under the Internal Revenue Code. Those plans are given special tax treatment through the contributions made to those plans. There are many “qualified plans” that allow contribution tax deductions for plan participants. Plans such as 401(k)s, 403(b)s, 412(e), SEPs and IRAs.
     

   Answered on June 22, 2013

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