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A military retirement (DFAS 1099-R) is a non-qualified plan. It makes no difference who is receiving the benefits (payments) from that retirement plan.
A military retirement (DFAS 1099-R) is a non-qualified plan. It makes no difference who is receiving the benefits (payments) from that retirement plan.
What does this exactly mean?
If the QDRO is issued, for a 50% division of a thrift saving plan, then, this cash is also considered income and must be taxed twice? First, 10-20% as an the early withdrawal penalty, and twice as income to the payee/beneficiary?
@Stravi20 Click this link for info on How to Enter a QDRO Payment.
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