Home > Glossary > Non-qualified Retirement Plan

Meaning / Definition of

Non-qualified Retirement Plan

Categories: Retirement and Pension, Tax,

A retirement plan that does not meet the IRS (or ERISA) requirements for favorable tax treatment. Non-qualified retirement plans are funded by employers and are more flexible than, but do not have the tax benefits of, qualified retirement plans. Benefits are paid at the retirement age in the form of annuities, which are taxed as ordinary income tax, or in lump sum payments, which can be transferred into an IRA to defer taxes. opposite of qualified retirement plan.

Featured term of the day

Definition / Meaning of

Prohibited Transactions

Categories: Insurance,

removed

Most popular terms

1. Right Of Recourse Provision
2. Broad-base Index
3. Terms Of Reference
4. Auction Rate Security (ARS)
5. Dirty Bomb
6. FTSE
7. Direct Action
8. Motor Vehicle
9. Sarbanes-Oxley Act Of 2002
10. Standard & Poor's Depositary Receipt (SPDR)

Search a term

Keyword:

Browse by alphabet

ABCDEFG
HIJKLMN
OPQRSTU
VWXYZ#

Browse by category

Accounting
Banking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital