Not affiliated with the government
Do payments to a Federal Thrift Savings Plan count as wages?
A Federal Thrift savings fund is treated as a trust in section 401(a) of the IRC. Therefore, employer contributions to your Thrift savings fund are not wages. However, your elective contributions to the fund are wages.
Last Revised: March, 2001
- Do payments from or to a tax-exempt trust fund count as wages?
- Do supplemental retirement plan payments count as wages?
- Do payments under or to a tax-sheltered annuity plan count as wages?
- Do payments to a profit-sharing or stock bonus plan count as wages?
- Pension and Retirement Payments
- Payments Under a Cafeteria Plan
- Do payments from a plan or system for sickness, retirement, etc. count as wages?
Ads - Also Recommended