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New Member
posted Feb 18, 2020 7:56:02 PM

Does a 401k count as a qualifying retirement plan?

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2 Replies
Level 15
Feb 18, 2020 8:09:17 PM

Yes.

Expert Alumni
Feb 18, 2020 8:11:44 PM

Yes.

 

 “Qualified Retirement Plan' A type of retirement plan established by an employer for the benefit of the company's employees. Qualified retirement plans give employers a tax break for the contributions they make for their employees.”

Original answer