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By Terry Savage on July 29, 2024 | Wild Card

Hi Terry, I signed up for this and I am only on the 2nd question and I am already stumped. It is asking if I have non-covered pension and retirement account. I have no idea what that is. I read the description they give, still don’t understand. I have a Simple IRA through work. My IRA contribution is tax deferred and my employer matches, I believe 1.5% is this a non-covered pension

Terry Says

They are asking if you worked for a public service organization — such as a teaching job or other government agency.  Any retirement plans from those (typically 403b plans) are offset against Social Security benefits.

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