While filling out a 1099-R form for a Life Insurance distribution I noticed that the definition of a qualified plan included Pension Plans, but the Military Retirement Plans were not qualified plans. I looked at my 1099-R from the Defense Financial and Accounting Service, U. S. Military Retired Pay, and it says "Distribution from Pensions, Annuities, Retirement, or Profit-Sharing Plans, IRAs, Insurance Contracts, etc."
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Military pensions are Not 'qualified plans' because there is no age limit on distributions (amongst other reasons).
Military pensions are Not 'qualified plans' because there is no age limit on distributions (amongst other reasons).
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