topic Retirement savings contribution credit in Retirement tax questions

Retirement savings contribution credit

Thomas-Haar — Thu, 06 Jun 2019 00:32:01 GMT

My church is sending in my retirement contributions. As a pastor can I take this under savings contribution credit?

It depends what type of plan they are contributing to: C...

MaryK1 — Thu, 06 Jun 2019 00:32:03 GMT

It depends what type of plan they are contributing to:

Contributions you make to the following plans are eligible:

- Traditional or Roth IRA
- SEP or SIMPLE IRA
- 401(k), including designated Roth 401(k)
- 403(b), including designated Roth 403(b)
- Salary reduction SEP
- Governmental 457 plan
- Section 501(c)(18) plan

The amount my church paid in to a 403b plan for me is not...

Thomas-Haar — Thu, 06 Jun 2019 00:32:04 GMT

The amount my church paid in to a 403b plan for me is not taxable to me, do I still qualify fo the credit?