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Do payments from Individual Retirement Accounts (IRA's) and Keogh plans count as wages?

June 8, 2008 by admin

1338. Do payments from Individual Retirement Accounts (IRA's) and Keogh plans count as wages?

Payments from your Individual Retirement Account (IRA) are not considered "earnings." Likewise, if you are self-employed, payments from your Keogh Plan are not considered earnings. These payments are counted when they are deferred, not when they are distributed.

Last Revised: March, 2001

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