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box123bc
New Member

Can I deduct for ROTH contributions?

Do I deduct the year to date contributions into my 401k for Roth
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1 Reply
MindyB
Expert Alumni

Can I deduct for ROTH contributions?

No.  Roth 401(k) (and Roth IRA) contributions are not deductible. Since Roth 401(k) contributions are not deductible now, they will be tax-free when you make withdrawals in retirement.

 

Here is some more information you may find helpful: Roth 401(k)s reduce taxes later

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