Retirement tax questions

If reported in box 12 on your 2021 W-2 as it should be if they treated it as salary ,  then it is part of your contributions and applies to the yearly limit.

 

Be sure to notify your new employer so that you do not have  excess deferrals.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**