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<<The money was earned in and contributed for 1998. Your Form W-2 for the year should reflect
that fact. Therefore, you will not have participated in a qualified retirement plan based on that job
on any day in 1999 nor will any compensation from that job be included in your income for 1999.
Your HR department should verify that is correct.>>

You might want to check on this answer. As accountant, I know that even if the last working day is in Dec., if the paycheck is issued, and dated, in January, then the income will be in 1999 and a W-2 will be issued for 1999 earnings. I don't know the answer to the retirement plan part of the question. I suspect, tho, that the contribution would be for 1998, and yes, you would not have participated in a retirement plan in 1999. Please check on this further.

The Mule Fool
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