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401(a) defined contribution plan: tax treatment of contributions made outside of payroll
I have a defined contribution plan (401a) through my work. I was on leave without pay in 2020 and in order to receive the employer matching I made direct payments to the plan through my benefits office. Because the payments were made outside of payroll they were post-tax. Is there a way to claim a tax deduction or to otherwise alleviate the double taxation that will otherwise result from my eventual disbursements in retirement?
Thanks!
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‎January 1, 2022
11:49 AM