Are Employer-Paid Retirement Planning Services Taxable?
ThomsonReuters
APRIL 28, 2022
ANSWER: Retirement planning benefits are not taxable to employees if they meet the requirements of the exclusion for “qualified retirement planning services” in Code § 132(a)(7). The exclusion does not apply to services that might be related to retirement planning, such as tax preparation, accounting, legal, or brokerage services.
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