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: 96 image

    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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