A qualified plan must provide,at a minimum,that all employees in the covered group who are 21 years of age are eligible to participate after completing one year of service.

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This is a requirement under the Employee Retirement Income Security Act (ERISA) for a qualified plan to be eligible for certain tax benefits. The plan can also choose to have more lenient eligibility requirements.

A Qualified Plan Must Provide,at a Minimum,that All Employees in the Covered