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In a Roth 401K, since the employee match, is not taxed until retirement, is the employee match tax deductible?
If the employee matches 5%, the company does not pay taxes on that amount at that time, therefore, can you take that as a deduction since you will have to pay taxes on it at withdraw?
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June 4, 2019
4:49 PM
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Retirement tax questions
If an employee receives a company match on a Roth contribution, the company match is a pre-tax contribution. Pre-tax contributions aren't deductible, because you haven't been taxed on them.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
June 4, 2019
4:49 PM