Can I deduct repayments to my retirement account for purchased service credit
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Can I deduct repayments to my retirement account for purchased service credit

When I retired I was able to purchase service credit to add to my retirement qualification years.  I pay a monthly repayment amount to my retirement plan.  Is this amount deductable or am I able to enter it somewhere on my tax statement

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Can I deduct repayments to my retirement account for purchased service credit

Unfortunately, there's not a deduction that you can take for a retirement buy-back.


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