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February 12, 2025
Question

Pension plan dissolved, 100% of funds rolled over into traditional IRA, is this considered a “contribution” that needs to be reported?

  • February 12, 2025
  • 1 reply
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    1 reply

    February 12, 2025

    If the funds were rolled over to a Traditional IRA, you should receive a form 1099-R from the pension administrator. You must enter this form 1099-R on your tax return. The rollover is not taxable.

     

    A rollover is not a contribution.

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