I am a municipal employee and we have a pension. I was asked a question for the first time this year that I do not know the answer to. Hopefully someone can help. After entering my W2 info it asks me the following question: "Did you elect to have your employer make contributions to your deferred compensation plan?" I do get a pension deduction from my paycheck. Not sure how the rest of it works.
Thank you in advance!
-TN
