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Level 1

Question

I get part of my ex-husband's military retirement from a divorce. is this a qualified or non-qualified plan?

5 replies
30 views

I'm trying to answer the question on whether my this plan is qualified or non-qualified and I don't know. It is a military retirement, but I am not the one who retired.

TurboTax Deluxe Online

Level 15

I believe it's non qualified. I'll ask @dmertz

Level 15

When asked choose qualified.

Alumni - Champ

From a Google search:

"The government pays your military retirement pay to you as a pension. As a pension, it is a defined benefit plan classified as a qualified deferred compensation plan. If you receive payments in retirement from a thrift savings plan you paid into, this is a defined contribution plan, which also falls under the classification of a qualified deferred compensation plan."

https://finance.zacks.com/military-retirement-nonqualified-deferred-compensation-plan-11016.html

**Answers are correct to the best of my ability but do not constitute tax or legal advice.

Alumni - Intuit

In this context, a military retirement plan is considered a non-qualified plan. Please read this link for further confirmation.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

Level 11

Military retirement pay is a non-qualified plan. On the desktop version of TTX, it states that in one of the examples provided on that screen.