Series 66: 5.2.2. Qualified Employer-Sponsored Plans

Taken from our Series 66 Online Guide

5.2.2. Qualified Employer-Sponsored Plans

A qualified retirement plan is one that satisfies the Internal Revenue Code. That means the provisions in the plan document must satisfy the requirements of the Code and the plan must follow those plan provisions. A qualified plan allows the participant (the employee) and the sponsor (the employer) to make allowed deductions from federal income taxes. Contributions to a qualifi

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