Employer matching contributions considered Traditional IRA contribution?

KirkH
KirkH Member Posts: 4 Newcomer
edited December 2024 in Retirement Income

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?

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Answers

  • PhillipB
    PhillipB FreeTaxUSA Team Posts: 91

    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

  • KirkH
    KirkH Member Posts: 4 Newcomer

    Thank you for your answer Phillip! Much appreciated!

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