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March 9, 2025
Question

Can I deduct for ROTH contributions?

  • March 9, 2025
  • 1 reply
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Do I deduct the year to date contributions into my 401k for Roth

1 reply

March 9, 2025

No.  Roth 401(k) (and Roth IRA) contributions are not deductible. Since Roth 401(k) contributions are not deductible now, they will be tax-free when you make withdrawals in retirement.

 

Here is some more information you may find helpful: Roth 401(k)s reduce taxes later