What Qualifies As An Erisa Qualified Retirement Plan?
0 POINTSContact Meview profileDavid RacichPROFountain Hills, ArizonaOn September 2, 1974 the Employee Retirement Income Security Act became law. The law was to establish financial disclosure of fees, standards for fiduciaries and provide guidance for plan participants. Recently 408(b)(2) was added to shore up the full disclosure of plan costs. Plans developed under ERISA like 401(k)s permit tax deductible contributions and tax deferred accumulation with distributions taxable as ordinary income.Answered on June 28, 2013+01+1 this answer
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