If I had 6% of my pay taken out pre-tax for my company retirement account (which they match 50%), do I still use the "Traditional & Roth IRA Contributions" tax break?

Ukcat85 — Mon, 23 Feb 2026 10:53:58 GMT

Also I put in $7,530 and I am 42...says I can deduct up to $6,000 a year, but is that just for additional monies I put in from my own bank, not through the company?

Re: If I had 6% of my pay taken out pre-tax for my company retirement account (which they match 50%), do I still use the "Traditional & Roth IRA Contributions" tax break?

DoninGA — Fri, 13 Jan 2023 15:48:44 GMT

If you are referring to elective deferrals to an employer provided tax deferred retirement 401(k) account, you do not enter anything in the section for IRA contributions. Unless you have a separate IRA outside of your employer retirement account.

Your deferrals to the 401(k) are reported on your W-2 box 12 with a code of D and are not entered anywhere else on a tax return.

topic If I had 6% of my pay taken out pre-tax for my company retirement account (which they match 50%), do I still use the "Traditional & Roth IRA Contributions" tax break? in Retirement tax questions

If I had 6% of my pay taken out pre-tax for my company retirement account (which they match 50%), do I still use the "Traditional & Roth IRA Contributions" tax break?

Re: If I had 6% of my pay taken out pre-tax for my company retirement account (which they match 50%), do I still use the "Traditional & Roth IRA Contributions" tax break?