topic Is a 401k a private IRA? in Retirement tax questions

Is a 401k a private IRA?

userpachanga_32454 — Tue, 03 Feb 2026 14:12:01 GMT

I took money from my 401k plan. Is this considered a private plan ?

Re: Is a 401k a private IRA?

DoninGA — Sat, 01 Feb 2025 17:14:22 GMT

If the 401(k) was offered by your employer it is not a private plan.

Re: Is a 401k a private IRA?

DoninGA — Sat, 01 Feb 2025 17:16:32 GMT

A 401(k) plan is not an IRA.

If you contributed to an employer provided 401(k), your contribution are shown on your W-2 in box 12 with a code of D. Those contributions are not entered anywhere else on a tax return.