Pension Question
I have a client who rolled over a small pension and a 457 from different companies. How is the state income tax different between the two?
I have a client who rolled over a small pension and a 457 from different companies. How is the state income tax different between the two?
Permalink Submitted by Alan - IRA critic on Fri, 2023-04-07 17:23
Between leaving the plans in place v IRA taxation? Usually the same, but there are a few states that treat IRA distributions differently.
Permalink Submitted by Jennifer Poole on Fri, 2023-04-07 17:31
He has already put it in an IRA rollover some years back.
Permalink Submitted by Alan - IRA critic on Fri, 2023-04-07 18:05
What state is this?
Permalink Submitted by Jennifer Poole on Fri, 2023-04-07 20:00
Alabama
Permalink Submitted by Alan - IRA critic on Fri, 2023-04-07 20:28