MinhT1
Expert Alumni

Retirement tax questions

No.

 

A rollover from a qualified retirement plan (such as a 401(k) plan) to a Traditional IRA is not taxable, but it is not deductible.

 

Only eligible new contributions can be deductible.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"