504620

If I did not deduct any money from my 403(b) account, do I still have to claim any income on any interest received?

posted

Connect with an expert

1 Best answer

Accepted Solutions

If I did not deduct any money from my 403(b) account, do I still have to claim any income on any interest received?

No, you do not. Changes within the plan do not generate taxable or reportable income, only if you withdraw funds.

View solution in original post

1 Reply

If I did not deduct any money from my 403(b) account, do I still have to claim any income on any interest received?

No, you do not. Changes within the plan do not generate taxable or reportable income, only if you withdraw funds.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post