This income is from an airline co. that went into bankruptcy and turned any remaining funds in their retirement fund over to the PBGC.
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Yes, PBGC is a qualified retirement plan.
Here's a link to FAQs about PBGC for more info:
https://www.pbgc.gov/about/faq/pg/general-faqs-about-pbgc
Yes, PBGC is a qualified retirement plan.
Here's a link to FAQs about PBGC for more info:
https://www.pbgc.gov/about/faq/pg/general-faqs-about-pbgc
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