Is my 414 (h) contribution taxable ?

Is my 414 (h) contribution taxable

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Is my 414 (h) contribution taxable ?

In a sense...

IT can't be deducted from your Federal income...so it's not deductible.....so your contribution is using after tax money

(and you can't call it an IRA contribution either)

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*

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