These accounts "qualify" under under a massive law that came out in 1974 called ERISA (Employee Retirement Income Security Act). Most people believe these plans "save" taxes which is completely false. These plans "postpone" taxes but they do not save you from paying the tax. We are not saying qualified plans are bad. They are neither good nor bad. However, most people do not understand what they do. The videos below are designed to help you understand the basics. However, ERISA is deep and we cannot cover all that you need to know in a short video.