For those small business owners who want to keep more of their money and invest in a good retirement plan, a tailored qualified plan may be the answer. The main (and most crucial) difference between qualified and non-qualified plans is that their contributions are income tax deductible and allows you to enjoy tax deferral on any money invested. However, qualified plans can also be useful in achieving another financial goal in retirement: maximizing charitable giving and minimizing its ensuing tax implications. If you want to make the most of your charitable donations from your qualified plans, you have a few options.