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Retirement tax questions
According to the IRS instructions and the IPERS handbook, the answer is "no". It is the wrong type of plan.
"The Saver’s Credit can be taken for your contributions to a traditional or Roth IRA; your 401(k), SIMPLE IRA, SARSEP, 403(b), 501(c)(18) or governmental 457(b) plan; and your voluntary after-tax employee contributions to your qualified retirement and 403(b) plans." -
"IPERS is a “defined benefit retirement” plan that has a “qualified
plan” status under
federal Internal Revenue Code Section 401(a).
It is also exempt from taxation under IRC
Section 115."
June 7, 2019
3:56 PM