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Author: billjam Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121105  
Subject: Re: Capital gains Date: 2/9/2012 10:49 PM
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My IRA contributions ceased being tax deductible in 1987 but as I recall Illinois never allowed deduction either. Good news is now that I'm withdrawing they don't tax the withdrals. Don't tax pensions or social security either.

Contrary to what Forbes recently claimed, Illinois is pretty friendly to most retirees. Over 65 we get some breaks on our real estate taxes too.
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