MOOSE06A
New Member

Retirement tax questions

You are a participant in the plan even if you did not contribute in the eyes of the employer.  Because you had no payroll deductions you may still contribute to an IRA up to $5500 by 17 April 2018 and take an IRA deduction for 2017.  If you were over 50 years of age you may contribute an additional catch up contribution of $1000.