Retirement tax questions

Military members can contribute to a Roth IRA or a Traditional IRA if they are eligible based on their income, filing status and having a retirement plan at work.

 

Contributions to a Traditional IRA when you have a retirement plan at work - https://www.irs.gov/retirement-plans/plan-participant-employee/2024-ira-contribution-and-deduction-l...

 

Roth IRA contributions are not tax deductible

Contributions to a Roth IRA based on your filing status and income - https://www.irs.gov/retirement-plans/plan-participant-employee/amount-of-roth-ira-contributions-that...