Qualified Plan means a Benefit Arrangement that is intended to be tax-qualified under Section 401(a) of the Internal Revenue Code.
Qualified Plan means a Pension Plan that is intended to be tax-qualified under Section 401(a) of the IRC.
Qualified Plan means an employee benefit plan (as defined in Section 3(3) of ERISA) other than a Multiemployer Plan (i) that is or was at any time maintained or sponsored by any Obligor or any ERISA Affiliate thereof or to which any Obligor or any ERISA Affiliate thereof has ever made, or was ever obligated to make, contributions, and (ii) that is intended to be tax qualified under Section 401(a) of the Code.
Examples of Qualified Plan in a sentence
Surrender Values may be taken in cash or applied to purchase annuities for the Contract Owners' Qualified Plan participants.
Although there are no additional tax benefits by funding your Qualified Plan with an annuity, doing so does offer you additional insurance benefits such as the availability of a guaranteed income for life.
Because there are no individual participant accounts, the qualified group annuity contract issued in connection with a Qualified Plan does not provide for death benefits.
Annuities purchased for Qualified Plan participants may provide for a payment upon the death of the Annuitant depending on the option chosen (see "Annuity Options").
More Definitions of Qualified Plan
Qualified Plan means a pension plan (as defined in Section 3(2) of ERISA) intended to be tax-qualified under Section 401(a) of the Code and which any member of the Controlled Group sponsors, maintains, or to which it makes, is making or is obligated to make contributions, or in the case of a multiple employer plan (as described in Section 4064(a) of ERISA) has made contributions at any time during the immediately preceding period covering at least five (5) plan years, but excluding any Multiemployer Plan.
Qualified Plan means any Employee Benefit Plan that meets, purports to meet, or is intended to meet the requirements of Section 401(a) of the Code.
Qualified Plan means any Plan that meets or purports to meet the requirements of IRC Section 401(a).
Qualified Plan means a Plan which is intended to be tax-qualified under Section 401(a) of the IRC.
Qualified Plan means any Plan that meets or purports to meet the requirements of IRC § 401(a).
Qualified Plan has the meaning set forth in Section 3.16(b).
Qualified Plan means any Company Plan that is intended to meet the requirements of Section 401(a) of the Code.