Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 10, 2024 10:34:43 AM

What is a public source pension definition?

what is a private source pensions?

0 1 383
1 Replies
Expert Alumni
Mar 10, 2024 12:12:55 PM

Yes,  public source pensions are administered by federal, state, or local governments, as well as other public-sector bodies. In other words, they are government pensions, including public schools, police, military, first responders, and many more. 

 

Private sector pensions are pensions administered by privately owned companies like Apple, Google, Amazon, and many more.