In a qualified retirement plan, employer contributions to an employee's pension during the employee's working years are deductible as a business expense and are not taxable income to the employee until they are received as benefits.

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Employer contributions to a qualified retirement plan are indeed deductible as a business expense for the employer and are not considered taxable income to the employee until they are received as benefits, typically upon retirement.

In a Qualified Retirement Plan, Employer Contributions to an Employee's