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Is California State Teachers Retirement System a qualified or non-qualified system?

 
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Level 1

Is California State Teachers Retirement System a qualified or non-qualified system?

This is found at http://www.calstrs.com/ask-jack/my-calstrs-retirement-plan-qualified-or-unqualified-plan

CalSTRS administers a qualified retirement plan. A qualified retirement plan satisfies specific requirements of the Internal Revenue Code in both form and operation, and receives special certification by the IRS.

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Level 1

Is California State Teachers Retirement System a qualified or non-qualified system?

This is found at http://www.calstrs.com/ask-jack/my-calstrs-retirement-plan-qualified-or-unqualified-plan

CalSTRS administers a qualified retirement plan. A qualified retirement plan satisfies specific requirements of the Internal Revenue Code in both form and operation, and receives special certification by the IRS.