Sentence examples for a qualified plan from inspiring English sources
Contributing to a qualified plan like a 401(k) may also bring your adjusted gross income down to levels that qualify you for additional tax breaks–such as availability of IRAs which phase out or disappear at higher income levels.
People could defer too much into a qualified plan, like an I.R.A., and end up having to pay a penalty if they need the money before they turn 59 1/2 years old.
"Based on his stated income level of '$600 per week,' Dan would save $2,272.50 in taxes under the President Bush's proposal if he purchased a qualified plan," the White House says.
If, for example, you have been laid off or are retiring, rolling over assets from a qualified plan, like a 401 k), into an I.R.A. has estate-planning benefits.
First, you have to sign up because you aren't auto-enrolled; second, you must have unlimited messaging; and finally, you must be on a "qualified plan".
Some deferred compensation plans or private salary arrangements probably won't be paid unless they were set up as a qualified plan, says Steve Abramowitz, a partner at Vinson & Elkins in New York.
The wireless carrier is handing out $50 rebates with the purchase of a BlackBerry 8110 (and a qualifying plan!), which is just the Pearl but with built-in GPS.
Looking to capture some of this crazy in a bottle and turn it into new customers, Virgin Mobile has adapted the concept for the mobile industry; if you're a Virgin Mobile customer on a qualifying plan and get the boot at work, they'll cover you for up to 3 months.
Self-employed people can set up several different types of tax-deferred retirement plans, including the Simplified Employee Pension, known as SEP, and Simple and qualified plans, such as solo 401(k) plans.
These plans are designed to meet specialized retirement needs for key executives and other select employees, and are typically exempt from discriminatory testing that qualified plans are subject to.
Beginning Thursday, Mobile to Any Mobile will be available to new and existing AT&T customers with a qualifying voice plan who subscribe to unlimited messaging plans.
