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Level 1
posted Jun 5, 2019 3:07:17 PM

Is a 401K considered a qualified retirement plan?

I retired in August 2016 am I still considered covered by the 401K retirement plan?

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1 Replies
New Member
Jun 5, 2019 3:07:18 PM

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.