Is SBP considered a qualifying plan?

Is Survivors Benefit Plan considered a Qualified plan?

Alumni - Intuit

Military Survivor plans are not considered Qualified plans. They are more closely regarded as an annuity.

Because they are administered by the Department of Defense, they are not classified as "qualified" (like a 401(k) or 403(b)).

While SBP premiums are paid with pre-tax dollars, the resulting annuity income received by the beneficiary is generally taxable.

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Alumni - Intuit

Military Survivor plans are not considered Qualified plans. They are more closely regarded as an annuity.

Because they are administered by the Department of Defense, they are not classified as "qualified" (like a 401(k) or 403(b)).

While SBP premiums are paid with pre-tax dollars, the resulting annuity income received by the beneficiary is generally taxable.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"

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