No, military retirement is a Nonqualified plan.
Qualified
plans include:
- 401(k)s
- 403(b)s
(also known as tax-sheltered annuity plans)
- 457 plans
for government employees
- Traditional
IRAs
- Roth IRAs
- SEP and
SIMPLE plans for employees of small businesses
- Pension
plans
- Profit-sharing
plans
- Stock
bonus plans
Non-qualified
plans include:
- Life
insurance policies (if distribution is full payment)
- Private
or purchased commercial annuities
- Military
retirement plans