If I rolled over my TRS (teacher retirement) into a Traditional IRA, is that considered a "contribution" for 2021?
I am no longer teaching.
021256
2 Replies
JohnB5677
Expert Alumni
Apr 14, 2022 7:28:15 AM
No, you simply changed the name of the broker service you are holding it in. It is not a contribution, and if you moved the entire amount it will not be taxable.
coachatarr-gmail
New Member
Apr 14, 2022 7:32:24 AM
Thank you so much! I really appreciate your help! I did move the full amount over.