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New Member
posted Jun 4, 2019 7:52:22 PM

I contribute to a Roth 403b with AFTER tax dollars. Can I deduct this somehow?

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1 Best answer
Alumni
Jun 4, 2019 7:52:25 PM

No. The whole point of a Roth product is you contribute after-tax dollars, but your EARNINGS are 100% tax-free even when you withdraw them. (Most traditional retirement products give you a tax break now, but you pay taxes when you take the money out; not so with Roths.)

1 Replies
Alumni
Jun 4, 2019 7:52:25 PM

No. The whole point of a Roth product is you contribute after-tax dollars, but your EARNINGS are 100% tax-free even when you withdraw them. (Most traditional retirement products give you a tax break now, but you pay taxes when you take the money out; not so with Roths.)