Is the military Survivor Benefit Plan (SBP) considered a qualified or non qualified annuity? Note, premiums for SBP are non-taxable.

[mikenytx]

Understand military retired pay is non qualified, but SBP annuities appear to have elements of both qualified and non qualified annuity plans. Confusing at best

[DMarkM1]

The military Survivor Benefit Plan does not meet all the requirements to be a qualified plan.  The plan is non-qualified.  Yes, the premiums were paid pre-tax from the military retirement pay and thus taxable at benefit distribution. Beneficiaries will receive a 1099R to be reported on the tax return.  When asked in the follow on questions in the 1099R entry section in TurboTax, you would select "non-qualified plan."