The answer from user26857 uses non-finitely generated ideals, so I guess it is an interesting question to restrict ourselves to noetherian rings, which takes a big part of commutative algebra and algebraic geometry. I will assume $R$ is a commutative noetherian ring (without necessarily having a $1$) and $\mathfrak a, \mathfrak b$ are ideals of $R$ (I don't want to think about the non-commutative case and speak of left-right ideals although it might also work...)
If we want to show that $(\mathfrak a \cap \mathfrak b) R[[t]] = \mathfrak a R[[t]] \cap \mathfrak b R[[t]]$, it suffices to show that $\mathfrak a R[[t]]= \mathfrak a[[t]]$ since it is quite clear that $(\mathfrak a \cap \mathfrak b)[[t]] = \mathfrak a[[t]] \cap \mathfrak b[[t]]$.
The inclusion ($\subseteq$) is obvious for any such $R$. Conversely, assume $f = \sum_{n \ge 0} c_n t^n \in \mathfrak a[[t]]$ and write $\mathfrak a = (a_1,\cdots,a_m)$ (since $R$ is noetherian, any ideal is finitely generated). In particular,
$$
c_n = \sum_{j=0}^m r_{n,j} a_j \quad \Longrightarrow \quad \sum_{n \ge 0} c_n t^n = \sum_{j=0}^m a_j \left( \sum_{n \ge 0} r_{n,j} t^n \right) \in \mathfrak aR[[t]].
$$
Note that the issue with this proof in the non-noetherian case is precisely the finiteness of the sum, which breaks down when the ideal is not finitely generated.
Hope that helps,