ToddL99
Expert Alumni

Retirement tax questions

Treat it as a non-qualified plan, the same that U.S. military pensions are treated. 

 

The term "qualified plan" refers to pensions that meet the requirements of Internal Revenue Code Section 401(a) of the Internal Revenue Service (IRS) and is thus eligible to receive certain tax benefits, unlike a non-qualified plan. As a foreign government pension, a Canadian military pension would not comply with U.S. tax code.