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What else can I help you with?
Is a military retirement considered a non-qualified retirement plan?
Yes, a military retirement is considered a non-qualified retirement plan. Unlike qualified plans, such as 401(k)s or IRAs, which have specific tax advantages and regulatory requirements, non-qualified plans do not meet these criteria. Military retirement benefits are often subject to different tax treatment and are not bound by the same contribution limits or distribution rules as qualified plans.
What was the military plan used by the north and whether it was successful?
The military plan used by the north is the Anaconda Plan or Scott's Great Snake.
Who carries out a war plan?
A war plan is typically carried out by military leaders and commanders who are responsible for executing the strategy laid out by higher authorities, such as government officials or military councils. These leaders coordinate the actions of various military units, ensuring that personnel, resources, and logistics align with the objectives of the plan. Additionally, intelligence officers and support staff play crucial roles in gathering information and providing necessary support to facilitate the execution of the war plan.
What are the main points of each plan for reconstruction?
Sending the military into the South
What military pension mean?
A military pension is a monetary benefit/entitlement that is earned after a minimum of 20 years of military service. It is based on final paygrade, length of service and retirement plan elected.
Is a 401k plan qualified or nonqualified?
A 401(k) plan is a qualified retirement plan.
Is a military retirement considered a non-qualified retirement plan?
Yes, a military retirement is considered a non-qualified retirement plan. Unlike qualified plans, such as 401(k)s or IRAs, which have specific tax advantages and regulatory requirements, non-qualified plans do not meet these criteria. Military retirement benefits are often subject to different tax treatment and are not bound by the same contribution limits or distribution rules as qualified plans.
Another term for a 529 plan is?
Qualified tuition plan.
Is an IRA a qualified plan?
An IRA is an Individual Retirement Account. It is not a qualified plan, because it is established by an individual rather than a business.
What is the difference between qualified and non qualified stock option plan?
I Dunnno
Does payments from Nonqualified Deferred Comp plan prohibit you from collecting Texas unemployment benefits?
Yes, payments from a Nonqualified Deferred Compensation (NQDC) plan can affect your eligibility for Texas unemployment benefits. The Texas Workforce Commission considers these payments as income, which may reduce or disqualify your unemployment benefits depending on the amount received. It’s essential to report any NQDC payments when filing for unemployment to ensure compliance with state regulations.
My friend who is a retired school teacher in the state of michigan has stage IV melanoma Will her bcbs ppo plan cover her chemo drug vermurafenib zelboraf?
She should contact her insurance company ! They are the only people qualified to answer the question !
Has Shawn micheals retired?
No and dont plan to for a while
Can a domestic partner receive retired military Benefits?
Yes. Pursuant to a memo from Secretary provided to same-sex spouses of members of the US military. The benefits that are immediately available as of February 11, 2013 include survivor benefit plan beneficiary for retirees.
Do state of Illinois retired teachers have to pay state or federal tax?
Yes to the federal income taxes. No the state of Illinois does NOT tax distributions received from qualified employee benefit plans, including a government retirement or government disability plan.
Can you sell annuity payments from a qualified IRA plan?
No
Nonqualified Deferred Compensation Plans - do distributions from a non qualified deferred comp plan have to be reported and if so do I use form 1099 Misc?
Generally a non Q plan means the recepient pays tax on the $ as they are deferred and as they grow...hence the withdrawals aren't taxable (because they were already taxed as payroll). If this plan had some deferreal of current income (either the contribution or the growth of the corpus), then some type of 1099, or likely even inclusion in W-2, on withdrawal wopuld be needed. The employer provides W-2/1099...not the recepient.
