Do 457(b) accounts count for qualified retirement savings contribution credit?

cjdodd72 · ‎March 17, 2020

MinhT1 · ‎March 17, 2020

Yes, contributions to a 457(b) count as savings contributions for the credit.

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dmertz · ‎March 17, 2020

Only the elective deferrals or Roth contributions to a governmental 457(b) count. If the 457(b) is a nongovernmental 457(b), contributions to it do not count for the retirement savings contributions credit.

Do 457(b) accounts count for qualified retirement savings contribution credit?

Retirement tax questions

Retirement tax questions