Employer matching contributions considered Traditional IRA contribution?

Question

Hello, wondering if matching contribution my employer makes via a Thrift Savings plan are considered as part of my total contributions to Roth IRA in the tax year?

kirkh · Answer

Thank you for your answer Phillip! Much appreciated!

PhillipB · Answer

Hello,

No, the contributions made through employer plans are not considered part of your allowable Roth IRA contributions.

Let us know if there are additional questions or concerns.

Thanks for using FreeTaxUSA