The IRS considers you covered by an employer's plan if you were covered at any time during the tax year.
- It doesn't matter that you were covered by a retirement plan for only three months or one day.
- You are considered to be covered by a retirement plan and are subject to the contribution limitations.
- See Are You Covered by an Employer's Retirement Plan?
- To correct your excess IRA contribution, contact your IRA plan administrator.
Related information: 2019 IRA Deduction Limits - Effect of Modified AGI on Deduction if You Are Covered by a Retirement ...
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
