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March 22, 2020
Question

Is a Retirement 2060 Fund considered an IRA?

  • March 22, 2020
  • 1 reply
  • 0 views
I only set up a retirement plan this year with my new employer. It is referred to simply as a Retirement Savings Plan in most documents I have for it.

1 reply

Employee
March 22, 2020

"Retirement 2060 Fund" would be a particular investment choice.  It does not indicate the type of retirement plan being offered by the employer.

 

Enter amounts in box 12 of your W-2 only in box 12 of TurboTax's W-2 form, nowhere else in TurboTax.