Hi,
Are there any Pennsylvania retirees out there? If so, I have a question may be some of you can help me out:
1. Do we pay the state and local tax for any amount withdrew from 401K when you are qualified (59 1/2)? I know for sure that you have to pay the Fed, but not so sure about the state and local. I checked my pay stub and seems to me that i paid the state income tax based on my whole salary.
Thanks in advance!
Are there any Pennsylvania retirees out there? If so, I have a question may be some of you can help me out:
1. Do we pay the state and local tax for any amount withdrew from 401K when you are qualified (59 1/2)? I know for sure that you have to pay the Fed, but not so sure about the state and local. I checked my pay stub and seems to me that i paid the state income tax based on my whole salary.
Thanks in advance!