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Level 1
Jun 3, 2019 6:56 PM UTC
Solved

Contributions to hazardous pension plan

I am a city employee.  Can I deduct contributions to my hazardous pension plan?
bwaAnswer
Alumni - Champ
Jun 3, 2019 6:56 PM UTC

Contributions to a pension plan are not deductible.  They reduce the taxable amount when benefits are received.

1 reply

bwaAlumni - ChampAnswer
Alumni - Champ
Jun 3, 2019 6:56 PM UTC

Contributions to a pension plan are not deductible.  They reduce the taxable amount when benefits are received.