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February 22, 2025
Question

retirement contribution

  • February 22, 2025
  • 1 reply
  • 0 views

Hi, My employer provides a retirement account and they match my contribution as well. I haven't done any withdrawal from the account. I guess in this case I don't need to report on my tax file, correct? I need to report only when I withdraw at the time of retirement and I suppose I will receive a form to file at that time, correct? tnx

    1 reply

    SusanY1
    February 22, 2025

    Your contributions should be represented in Box 12 on your W-2 but aside from that entry you won't have any other reporting to do on your tax return until you withdraw funds. 

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