What Does A Qualified Retirement Plan Mean? 
Generally a qualified plan is a sanctioned government retirement plan with tax deductible contributions , tax deferred accumulation and taxable distribution including basis . Some plans allow employers to match employee contributions . There are several qualified plans available for individuals as well as employer sponsored like 401 -LRB- k -RRB- s , 403 -LRB- b -RRB- s , 412 -LRB- e -RRB- , SEP IRAs , IRAs , etc. . 