409: Open Forum Q & A Your Tax and Legal Questions! #shorts
17 Dec 2022 · 0 min

0:23
Mark Kohler answers tax and legal questions about qualified retirement plans. He defines what a QRP is and covers common examples like 401(k)s and Solo 401(k)s.

Mark Kohler answers tax and legal questions about qualified retirement plans. He defines what a QRP is and covers common examples like 401(k)s and Solo 401(k)s.
A qualified retirement plan is a is a big it can be defined in a variety of ways, but the biggest, broadest definition is it includes any type of qualified retirement plan. Now, more specifically, most professionals are going to call a qualified retirement plan QRP, typically a 401k. And where they've been really sold is the Solo 401k.

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