Does matching employer Simple contribution count toward maximum contribution for year?

Forum|Forum|7 years ago
June 5, 2019
1 reply
10 views

If I had $2000 taken out for my Simple Plan and my employer matched with a $1500 contribution, does the $1500 match count toward my maximum allowable contribution for that year?

TurboTax Premier Online

MaryK1

Level 11

No employer contributions do not count toward your contribution for the tax year.

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Does matching employer Simple contribution count toward maximum contribution for year?

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