An individual who participates in a retirement plan sponsored either by his/her...
an individual who is an "active participant" in a qualified retirement plan may have his or her IRA deduction reduced or eliminated, depending on the level of the individual's compensation. A person is an active participant in a defined benefit plan if he or she is not excluded under the plan's eligibility provisions, even if the person declined participation in the plan, failed to make a mandatory contribution to the plan, or has failed to perform the minimum service required to accrue a benefit under the plan. A person is generally an active participant in a defined contribution plan if any employer contribution or forfeiture is allocated to the person's account during the current tax year. An individual will not be disqualified from taking an IRA deduction because his or her spouse is an active participant, within certain AGI limits.
An individual who, in a particular year, benefited under a qualified pension, profit sharing or stock bonus plan; a 403(b) plan; a SEP IRA; a SIMPLE IRA or SIMPLE 401(k); a qualified annuity; any plan described in IRC Sec 501(c)(18); or a plan established for its employees by the U.S., by a state or political subdivision or by an agency or instrumentality of the U.S. or a state or political subdivision (other than a plan under IRC Sec 457(b)).
A taxpayer who is covered by an employer-maintained qualified retirement plan, or a qualified self-employed retirement plan, if even for only one day during the year.
Any individual who is a participant in an employer-sponsored plan for any part of the tax year. These plans include qualified pension plans, 401(k), 403(b), SEP, SIMPLE, and 457 plans.
Someone who benefits from an employer-sponsored retirement plan. An employer indicates the employee's participant status on the W-2 wage statement.
An active participant is an individual who is a participant in a qualified pension, profit sharing or stock bonus plan; a qualified annuity; a SEP plan; a SIMPLE plan; a tax sheltered annuity; any plan described in IRC Sec 501(c)(18); or a plan established for its employees by the U.S, by a state or political subdivision or by an agency or instrumentality of the U.S. or a state or political subdivision (other than a plan under IRC Sec 457)
A taxpayer who is eligible to participate in his/her employer's retirement or pension plan. Ability to deduct the IRA contribution is based on income.
A person, or his or her spouse, who participates in any of the following employer-sponsored retirement plans for any part of an applicable year: 1) a qualified pension, stock bonus, or profit sharing plan, 2) a qualified annuity plan, 3) a tax-sheltered annuity (TSA) plan, 4) a simplified employee pension plan (SEP), or 5) a local, state, county, or federally sponsored retirement plan.