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Level 2
June 3, 2019
Solved

Receive any distributions from a retirement plan after 2015 (Retirement Savings Contribution)? Should my answer be yes if we received IPERS?

  • June 3, 2019
  • 4 replies
  • 35 views
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Best answer by MichaelL1

You are correct the answer would be yes if you were collecting from IPERS.

4 replies

MichaelL1
MichaelL1Answer
Level 15
June 3, 2019

You are correct the answer would be yes if you were collecting from IPERS.

Hal_Al
Level 15
Level 15
June 3, 2019
Simple answer: Yes.
Technically it   depends on the amount of your pension. But, the measurement period is three years back. That is, all pensions received from 1-1-16 to 4-15-19 count against ythe calculation of the savers credit for 2018. See line 4-7 on form 8880. <a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/f8880.pdf">https://www.irs.gov/pub/irs-pdf/f8880.pdf</a>