qualified accounts

Definition

Investments that are not subjected to taxes until dividends and payments are made. For example, a 403-B employee contribution plan.

Use qualified accounts in a sentence

You should always keep up to date with your qualified accounts so that you know you arein good standing at all times.

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The qualified accounts were there and I realized that they were not subject to taxes until dividends and payments were made.

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I'm lucky to work for an employer that offers qualified accounts for retirement so that when I contribute and they match my contribution, I get to defer some salary reducing my tax liability and my employer also receives a tax break.

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qualified acceptance tax-deferred account