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March 2, 2025
Question

Traditional IRA is the same as Roth IRA? I have 401k through work do I add that to either or none?

  • March 2, 2025
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    Employee
    March 2, 2025

    A 401k is a retirement account but it is not the same as an IRA.   When you enter your W-2 from your employer, the 401k information is already on your W-2, so you enter it from your W-2 only.  You do not enter it anywhere else.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**