retirement in W-2 box 14

[Kea]

My client has $ amount showing in box 14 labeled "RET." This money is being taken out pre-income tax (is the same as the difference between box 1 and box 3). She does qualify for the retirement credit. I asked her to check with her employer if this was a 401(k) or 403( since it is not reported in box 12. The employer told her it is not either of those, but just "regular retirement." The employer is the county government. Box 13 does show an "X" in the retirement box.

Is this eligible for the retirement credit? If unknown, what other questions should she (or I) ask the county to determine if it qualifies?

I did see the post that said that 414 pensions do not qualify. Is there a list of plans that do and don't qualify? I tried looking through the IRS site, but could not find one. (I may not have been using the proper search terms or not looked at enough pages of results.)

Thanks.

[Eli]

My client has $ amount showing in box 14 labeled "RET." This money is being taken out pre-income tax (is the same as the difference between box 1 and box 3). She does qualify for the retirement credit. I asked her to check with her employer if this was a 401(k) or 403( since it is not reported in box 12. The employer told her it is not either of those, but just "regular retirement." The employer is the county government. Box 13 does show an "X" in the retirement box.

Is this eligible for the retirement credit? If unknown, what other questions should she (or I) ask the county to determine if it qualifies?

I did see the post that said that 414 pensions do not qualify. Is there a list of plans that do and don't qualify? I tried looking through the IRS site, but could not find one. (I may not have been using the proper search terms or not looked at enough pages of results.)

Thanks.

Is the plan voluntary under her part? If it's not then it would not qualify.

Eli

[Kea]

Thanks Eli,

I'll check with her tomorrow.