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Richard12
Level 1

Is a 401K considered a qualified retirement plan?

I retired in August 2016 am I still considered covered by the 401K retirement plan?
1 Reply
RichardG
New Member

Is a 401K considered a qualified retirement plan?

Yes.  A 401(k) plan is a qualified retirement plan.  Even though you were not employed for the entire year, you are considered as covered by the plan for the entire year.  

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