The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Roth IRA and State Laws||Date: 10/9/1998 4:49 PM|
|Author: TMFPixy||Number: 5959 of 76074|
There are some 19 states that do not conform to federal law with regard to taxation of the Roth IRA.
Ah, which states are these? I don't believe Georgia is one, since I haven't heard anyone around here carping about it, but it would be nice to know.
Well, in March they were: AL, AZ, AR, GA, HI, ID, IN, IA, KY, ME, MA, MN, MS, NJ, NC, OR, SC, WV, WI and DC. Since then, legislation has been introduced in a number of these states to have their taxes agree with the federal regarding Roth IRAs. KY is one, but I don't know any others. If you want info about GA, you'll have to ask your states's department of taxation.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|