Qualified Deferred Compensation Plan A tax-deferred plan set up by an employer for employees. Such plans usually provide for employer contributions, such as a profit-sharing or a pension plan, and may also allow employee contributions. Also known as a qualified plan.

Qualified Plan A tax-deferred plan set up by an employer for employees. Such plans usually provide for employer contributions, such as a profit-sharing or a pension plan, and may also allow employee contributions.