Qualified Plan
Contents
Qualified Plans are those plans which provide some tax benefit to the investor. These plans must meet certain requirements laid down by the Internal Revenue Code.
The Qualified Plan field is located on the Modify Account Information Screen and, because of the various number of qualified plans, this is a Yes/No field.
It can be searched on the Selection Criteria Investment Details Screen.
Examples of Qualified Plans
Defined Benefit Pension Plan
Defined Contribution Pension Plan
Profit Sharing Plan
Simple IRA
IRA
Roth IRA
and others.