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Whats IRS code section 401(a) on a 401k check

 
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2 Replies
HelenC12
Expert Alumni

Whats IRS code section 401(a) on a 401k check

Per IRS: A governmental plan is an IRC Section 401(a) retirement plan established and maintained for the employees of:

  • the United States or its agency or instrumentality;
  • a state or political subdivision, or its agency or instrumentality; or
  • an Indian tribal government or its subdivision, or its agency or instrumentality (participants must substantially perform services essential to governmental functions rather than commercial activities.)
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julesburn
New Member

Whats IRS code section 401(a) on a 401k check

ther guidance on the associated tax help on my state return says 
"Enter any distribution from a qualified IRC Sec 401(a) retirement plan". Our 401K payment was from the state retirement fund. Is this a qualified plan?

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