New type of recurring paycheck deduction - California PST retirement deduction ?

corndog638

Setting up a part-time job for a county in California and now have a PST deduction of 7.5% on paycheck stub. I found out it is for retirement, but not a pension. How do I treat it? Thanks for the help.

Ps56k2

FYI - just a quick search -

What is California PST retirement ?
The PST Employees Retirement Program is a
mandatory retirement savings program authorized by federal law for
employees who are not covered by a retirement system or Social Security.
The program deducts a portion of your wages and deposits it in an account for you,
allowing you to build retirement savings.

Jim_Harman

PST is a retirement savings plan for Part time, Seasonal, and Temporary workers. You set it up as an IRA in Quicken.

Ps56k2

FYI - just a quick search -

What is California PST retirement ?
The PST Employees Retirement Program is a
mandatory retirement savings program authorized by federal law for
employees who are not covered by a retirement system or Social Security.
The program deducts a portion of your wages and deposits it in an account for you,
allowing you to build retirement savings.

Jim_Harman

PST is a retirement savings plan for Part time, Seasonal, and Temporary workers. You set it up as an IRA in Quicken.

Chris_QPW

Note on the paycheck reminder itself this would be a transfer to that account (the "category" set to [AccountName]) most likely by selecting Add Pre-Tax Deduction → Other Pre-Tax Deduction.