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Are my annuities considered a 'qualified plan?

I have a small retirement that I took as annuities and I'm stuck on whether they're considered a 'qualified' or 'non-qualified' plan. I received a 1099-R for it.
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2 Replies
Vanessa A
Employee Tax Expert

Are my annuities considered a 'qualified plan?

What type of plan is it?  How did you get it or contribute to it?

 

Being reported on a 1099-R, taking it as an annuity and the size of it does not make it qualified or unqualified.  To be considered a qualified plan, it must meet certain IRC standards.  If it does, that makes it a qualified plan.  If it does not, then it would not be a qualified plan.  See this link to determine if your plan meets the criteria to be a qualified plan or not. 

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Are my annuities considered a 'qualified plan?

I figured it out. It was my TIAA retirement fund from 2  jobs so yes, it is qualified. 

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