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Pension Distribution Withholding - State Level


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Posted

I am offering up this file with the different State withholding on distributions because I know that this time of year I seem to get many requests for it. Hope it's helpful..........:)

Posted

This is a good start. However, I hope that we can get more detail. For example, the two states I deal with most, NC and VA, both require 4% withholding, but the CIGNA summary only states that withholding is required.

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

Guest b2kates
Posted

Pax, I maintain a state grid ,as I was the tax manager at the bank I used to work at. I am out of town but will gladly send to you over the weekend.

Posted

This is for IRAs.

I am trying to locate the QRP doc. ( the rules are different from IRA rules for some states)

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