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wsjvc
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Is my military SBP monthly payment a qualified or non-qualified plan?

 
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TomK100
Expert Alumni

Is my military SBP monthly payment a qualified or non-qualified plan?

Military retirement is considered a non-qualified plan.

 

The term "qualified retirement plan" applies to plans covered by the Employee Retirement Income Security Act, or ERISA. ERISA only covers private sector retirement plans. The law does not cover public sector pensions including federal government plans such as the military retirement system. Military pensions are therefore considered nonqualified plans.

Employee Retirement Income Security Act (ERISA)

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