Employer matching contributions considered Traditional IRA contribution?

KirkH
KirkH Member Posts: 2 Newcomer
in Live Q/A Event

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?

· Share on Twitter

Answers

  • PhillipB
    PhillipB FreeTaxUSA Team Posts: 69

    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

    · Share on Twitter

Categories