What Is a Qualified Retirement Plan? A qualified retirement plan is an employer-sponsored retirement plan that meets the requirements of the Internal Revenue Code and the Employee Retirement Income Security Act, making it eligible for certain tax benefits. Those can include tax deductions for employer and employee contributions and tax-deferral of investment gains. Key Takeaways
What Is the Qualified Special Representative Agreement? The Qualified Special Representative Agreement (QSR) is an agreement between broker-dealers to clear trades without interacting with the NASDAQ ACT system. The QSR allows one broker-dealer to send trades directly to the National Securities Clearing Corporation on behalf of another broker-dealer. This method of clearing trades provides simpler
What Is Quarter-To-Date (QTD)? Quarter-to-date (QTD) is a time interval that captures all relevant company activity that occurred between the beginning of the current quarter and the point at which the data was gathered later in the quarter. Quarter-to-date information is typically gathered in situations when the entire quarterly period has not yet ended, and
What Is a Qualified Terminable Interest Property (QTIP) Trust? A qualified terminable interest property (QTIP) trust enables the grantor to provide for a surviving spouse and maintain control of how the trust’s assets are distributed once the surviving spouse dies. Income generated from the trust, and sometimes the principal, is given to the surviving spouse to
What Is Qtum? Qtum is a cryptocurrency that combines Ethereum’s smart contract functionality with the security of Bitcoin’s unspent transaction output model (UTXO) to create a platform that is suitable for adoption by large organizations. Qtum was founded in 2016 by Patrick Dai, Jordan Earls, and Neil Mahl, and its initial coin offering (ICO) was held
What Is Quadrix? Quadrix is a stock rating system that uses over 90 variables in seven major categories to determine the value of a stock. The Quadrix system is produced and maintained by Horizon Publishing Company. The seven major categories are momentum, quality, value, financial strength, earnings estimates, performance, and reversion. The overall score for a
What Is Quadruple Witching? The term quadruple witching refers to the simultaneous expiration four times a year of stock options, index futures, and index futures options derivatives contracts. The fourth type of contract involved in quadruple witching, single-stock futures, hasn’t traded in the U.S. since 2020 and was never a major contributor to equity trading
What Is a Qualification Ratio? The term qualification ratio refers to the measure of a borrower’s creditworthiness that helps lenders decide whether to extend them credit. Used in the underwriting process, a qualification ratio calculates how likely it would be for a borrower to repay a loan. Lenders normally use one of two qualification ratios
What Is a Qualified Annuity? A qualified annuity is a retirement savings plan that is funded with pre-tax dollars. A non-qualified annuity is funded with post-tax dollars. To be clear, the terminology comes from the Internal Revenue Service (IRS). Contributions to qualified annuities are deducted from an investor’s gross earnings and, along with investments, grow
What Is a Qualified Appraisal? A qualified appraisal is an appraisal that meets the requirements set forth by the Internal Revenue Service (IRS) and is conducted by a qualified appraiser. Qualified appraisals are made no earlier than 60 days before a piece of property is donated. How a Qualified Appraisal Works Qualified appraisal refers to
