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401(k) and IRA distributions: Taxable. North Carolina. Retirement income is subject to North Carolina’s 4.5% state income tax rate in 2024. The state doesn’t offer any deductions to its ...
Remember, too, that there are different kinds of retirement income, such as from pensions, Social Security, annuities, and retirement account withdrawals -- and the tax hits may be different for ...
Pennsylvania also taxes early distributions. Alabama will tax retirement income from 401(k) plans and IRAs. ... North Carolina. North Dakota. Ohio. Oklahoma. Oregon. South Carolina. Virginia.
Several states don’t tax military retirement pay, while other states treat pension income differently than distributions from retirement plans such as 401(k)s or IRAs.
To be clear, in all these nine states, retirement income is defined as distributions from 401(k) ... four more states don't tax retirement income from 401(k) accounts, IRAs, ...
These 37 states tax IRA and/or 401(k) distributions For many people, 401(k) accounts and IRAs supply another key kind of retirement income. A whopping 37 states -- plus the District of Columbia ...