Qualified Plan definition

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

  • A contract that is issued apart from any Qualified Plan and therefore is not subject to the requirements of Sections 401, 403, 408, or 408A of the Internal Revenue Code, as amended.

  • Qualified Plan Contract RMDs are based upon Your Contract Value, the value of any applicable add-on benefits as calculated by the Company, and applicable federal tax law requirements.

  • For Qualified Plan contracts, the RMD is the amount defined by the Internal Revenue Code and the implementing regulations as the minimum distribution requirement that applies to this Contract.


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 has the meaning set forth in Section 3.16(b).
Qualified Plan means any plan, which meets the qualification requirements of Internal Revenue Service Code Section 401(a) or 403(a).
Qualified Plan means a Pension Plan that satisfies, or is intended by Seller to satisfy, the requirements for tax qualification described in Section 401 of the Code.