DanaB27
Expert Alumni

Retirement tax questions

No, it seems the Three-Year Rule Method and General Rule Method don't apply to you if all your contributions were pre-tax. These methods only apply to Contributory Plans (Other Than IRAs):


If you were required to contribute to your retirement plan, it is a contributory plan. Contributions are usually made through payroll deductions, and, in general, have already been taxed. Your contributions are not taxed when withdrawn. However, any employer contributions and earnings that have not been taxed must be reported (NJ Treasury).

 

If you are not sure if all if your contributions were pre-tax then you might want to check with the plan administrator. 

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