What Is A Qualified Retirement Plan Example? 
There are many qualified retirement plans , but the most recognizable is the defined contribution plan under ERISA -LRB- Employee Retirement Income Security Act 1974 -RRB- called a 401 -LRB- k -RRB- . 410 -LRB- k -RRB- allows tax deductible contributions and tax deferred accumulations . The distributions are taxed as ordinary income and are used as a calculation for Social Security benefit taxation . 