j***a
发帖数: 832 | 1 "Three states (New Jersey, Massachusetts, and Pennsylvania) do not allow IRA
contributions to be deducted from taxable income. Of the three, only
Pennsylvania does not tax IRA earnings of taxpayers age 59 ½ years or
older, since earnings are treated like pension income, which is tax exempt."
Which means, you don't get state tax deduction on 401k contribution, but you
need to pay the state tax again when you take the money out when you retire
? | G*M
发帖数: 6042 | | j***a
发帖数: 832 | 3 I know, but 401k can rollover to IRA, so same thing eventually.
【在 G*M 的大作中提到】
: IRA is NOT 401K
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