Is 401K Company Match Taxable?

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   David G. Pipes, CLU®, RICP®

   Business Development Officer, T.D. McNeil Insurance Services, Fresno, California

   There are circumstances under which the employer’s contribution might be treated as something other than deferred income but generally speaking the entire proceeds including employer's contributions from a 401(k) plan, minus any “excess contributions made with after tax dollars,” is fully taxable as ordinary income upon distribution.  The exception involves an employer contributing stock of the company.

   Answered on August 15, 2014

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