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Retirement/Pennsylvania Income Tax?
Q. Does Pennsylvania tax distributions from 401K's, IRA's, and Roth IRA's? What does Pennsylvania consider retirement age for exemption of taxes on pension income? Any thoughts about State tax issues and retirement appreciated.
A. -401Ks and IRAs are not taxed as long as you are retired. (in effect, NOT an early distribution, check the code on your 1099). Roths are not taxable. -No - PA does not tax those funds as long as you are retired (or as the beneficiary of so
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