nokwurst Posted March 25, 2014 Report Share Posted March 25, 2014 Are employee-funded contributions to PSERS (Public School Employees' Retirement System in PA) eligible for the Retirement Savings Credit on Form 8880? PSERS is listed as a qualified, defined benefit retirement plan under 401(a). The form instructions for 8880 do not specifically mention 401(a) plans. Thanks Quote Link to comment Share on other sites More sharing options...
jklcpa Posted March 25, 2014 Report Share Posted March 25, 2014 (edited) Are employee-funded contributions to PSERS (Public School Employees' Retirement System in PA) eligible for the Retirement Savings Credit on Form 8880? PSERS is listed as a qualified, defined benefit retirement plan under 401(a).The form instructions for 8880 do not specifically mention 401(a) plans. Thanks IRC sec 4974(c ) specifically includes 401(a) plans in the definition. Edited April 30, 2015 by jklcpa added link instead of pdf upload Quote Link to comment Share on other sites More sharing options...
David1980 Posted March 25, 2014 Report Share Posted March 25, 2014 The thing to watch out for is whether the contributions are voluntary. A lot of public employee pensions have mandatory contributions. 1 Quote Link to comment Share on other sites More sharing options...
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