Hi, my friend and I are Federal retirees in Honolulu. I haven't started pulling $ out of the TSP yet but my friend is nearing 70 and will be required to. Her FA told her that the money she had rolled over from the TSP to Vanguard will be fully taxable in Hawaii.
I know Fed retiree funds are not taxed by the state, and I could have sworn I saw somewhere that funds rolled over from the TSP to an IRA would also not be taxable but I can't seem to find that on the internet again. And how would you prove the Vanguard funds had come from the TSP anyway?
Has anyone had any experience with this?
I know Fed retiree funds are not taxed by the state, and I could have sworn I saw somewhere that funds rolled over from the TSP to an IRA would also not be taxable but I can't seem to find that on the internet again. And how would you prove the Vanguard funds had come from the TSP anyway?
Has anyone had any experience with this?