“The accounts themselves are not tax deferred, but the pre-tax deferral contributions within them are. The earnings on the account are not taxed until they are withdrawn.”
This was the explanation I got from my TPA person as to what my business retirement accounts are (cash balance with profit sharing). I live in Massachusetts. I am trying to figure out if I should be choosing something like BOXX versus SGOV versus SWUXX versus SNSXX to park cash? The goal is 4-6% return in the accounts.