Under § 401, contributions made as part of a qualified retirement plan must be paid into a trust

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Under § 401, contributions made as part of a qualified retirement plan must be paid into a trust that is not administered by the employer, not established by the employees, and cannot be used by the corporation as a source of emergency funds. These conditions ensure the security and proper use of the retirement funds for the benefit of the employees.

Under § 401, Contributions Made as Part of a Qualified