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mir-mir12
New Member

Does the retirement I pay through my job count as a qualified retirement plan?

 
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Rachel_W
Expert Alumni

Does the retirement I pay through my job count as a qualified retirement plan?

Yes, the retirement you pay through your job counts as a qualified retirement plan and may qualify you for the Retirement Savings Contributions Credit (Savers Credit). This credit gives low and middle-income taxpayers an extra incentive to save money for retirement.  TurboTax will automatically calculate the credit for you if you qualify.

Please check out the TurboTax FAQ below to see if you meet the qualifications:

https://ttlc.intuit.com/replies/3301263

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