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After-tax contributions are usually traditional IRA contributions that were not deductible when contributed. This will affect how they are taxed when withdrawn.
If your retirement account is an employer-sponsored plan such as a pension, 401k, 403b, or TSP, then you can ignore these questions by clicking continue.
If it was a traditional IRA that was always deductible, skip over or click continue.
If you ever had non-deductible contributions to an IRA, you need to report that when asked. This will benefit you tax-wise.
After-tax contributions are usually traditional IRA contributions that were not deductible when contributed. This will affect how they are taxed when withdrawn.
If your retirement account is an employer-sponsored plan such as a pension, 401k, 403b, or TSP, then you can ignore these questions by clicking continue.
If it was a traditional IRA that was always deductible, skip over or click continue.
If you ever had non-deductible contributions to an IRA, you need to report that when asked. This will benefit you tax-wise.
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