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If I rolled money over from a 401K to a traditional IRA, does that constitute making a contribution to an IRA for tax deduction purposes?

 
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1 Reply
MaryK4
Employee Tax Expert

If I rolled money over from a 401K to a traditional IRA, does that constitute making a contribution to an IRA for tax deduction purposes?

No, a rollover does not count toward annual contribution limits.  

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