What Is A Qualified Retirement Plan Example? 
A Qualified Retirement Plan simply means it is a `` qualified '' account as defined by the Internal Revenue Service . A qualified account simply means there are limitations to the contributions and rules to when you can take the monies out without getting a penalty . A Qualified Retirement Plan can be an IRA , Individual Retirement Account or a 401 -LRB- k -RRB- offered through your employer . A Roth IRA is a Qualified Retirement Plan . There are other qualified plans out there as well however the plans I have mentioned are the most popular . Seek your broker/adviser for more information and to talk about which plan you should focus on or have available to you . 