401k tax question, State & Fed Taxes on 401k

jbbcd

$ Saving Kindergartener

Join Date: Feb 2007

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#1

401k tax question, State & Fed Taxes on 401k

03-06-2016, 07:17 AM

Hi all,
If I move to a different state when I retire will my 401k withdraws can be taxed different??
Thanks
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Petunia 100

$ Saving Post Graduate

Join Date: Dec 2010

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#2

03-06-2016, 07:43 AM

Yes. They will be taxed by your state of residence at the time you make the withdrawals. Or even not taxed, if you live in such a state.
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