Is Retirement Plan Tax Deductible?

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   David RacichPRO

   Fountain Hills, Arizona

   A qualified retirement plan, like those under ERISA (the Employee Retirement Income Security Act of 1974,) are tax deductible to the plan participant. Examples of qualified plans that are deductible are 401(k)s, IRAs, SEP IRAs. There are other tax dedcutible plans as well like 412(e) and HR 10 plans.
   
   
   

   Answered on July 25, 2013

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