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Level 1
March 9, 2026
Question

same retirement plan , qualified ornon-qualified , same as last year

  • March 9, 2026
  • 1 reply
  • 0 views
Can turbo-tax check last years taxes its the same

1 reply

LindaS5247
Level 14
March 10, 2026

If you have a retirement plan through your employment or a union, it is likely a qualified retirement plan. If your Form W-2 has a check above Retirement Plan, this is also an indication that it is a qualified plan.

 

Some common examples of qualified retirement plans include 401(k), 403(b), profit-sharing, money purchase, or defined benefit pension plans.


Examples of nonqualified retirement plans would be Personal IRAs (Roth or Traditional), deferred compensation plans for executives, or non-governmental plans. 

 

If you are unsure, the easiest way to find out is to ask your employer or HR department.
 

Click here for What's a qualified retirement plan?


If you have additional information or questions regarding this, please return to Community and we would be glad to help.

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