we contributed money from our bank account into a PERS account. Is that amount deductible for 2016?
You'll need to sign in or create an account to connect with an expert.
Contributions to that account include both voluntary and non-voluntary contributions. Only the voluntary contributions are eligible for retirement credit. Your HR department can tell you whether those contributions are voluntary.
Contributions to that account include both voluntary and non-voluntary contributions. Only the voluntary contributions are eligible for retirement credit. Your HR department can tell you whether those contributions are voluntary.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
cspyon
Level 4
bob_e95482
New Member
bky2020
Returning Member
lmarsh4444
Level 1
tmkFowler
New Member