Is my Air Force retirement pay a qualified retirement plan?

[MargaretL · Accepted solution]

No, military retirement plans are considered NON-Qualified plans.

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