Wife is 55 yrs old. She receives a 1099r distribution as a survivor of deceased husband. Is this distribution a qualified distribution? Deceased husband would be 62.

[DS30 · Accepted solution]

It depends on where the distribution is coming from.

A qualified plan is a retirement plan sponsored by employers for the exclusive benefit of employees. These plans follow special IRS rules and qualify for special tax treatment, such as deferring paying taxes on the contributions until retirement. If this was a qualified plan for the deceased husband than it may be considered qualified for the surviving spouse.