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I am retired from Honda of America, receiving a pension, am I still eligible for the retirement credit?

I receive monthly payments from my pension, am i still eligible for the retirement credit
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I am retired from Honda of America, receiving a pension, am I still eligible for the retirement credit?

You mean the retirement saver credit for paying in to a retirement plan from your paychecks?  No.  

 

If you are retired, you need to enter the 1099R that you received and/or enter your SSA1099 if you have Social Security benefits.

 

 

 Go to Federal> Wages & Income>>Retirement Plans and Social Security  (SSA1099 and 1099RRB) to enter your SSA1099.

 

 

To enter your retirement income, Go to  Federal> Wages and Income>Retirement Plans and Social Security>IRA  401 k) Pension Plan Withdrawals to enter your 1099R.

 

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

I am retired from Honda of America, receiving a pension, am I still eligible for the retirement credit?

If you did not make any contributions to a retirement account in 2024 then you are not eligible for the Retirement Savings Contributions Credit

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