Submitted by justonmon3 t3_11u3jwg in Pennsylvania
No1WrthNoin t1_jcmnwx1 wrote
As far as state stuff goes, take a look at r/Pennsylvania
I recently found out through there that PA taxes your 401K contributions when the money goes in, but not when it pulls out, and that if you live in PA but retire in a state that taxes the money when it's withdrawn, you end up getting double taxed. Blew my mind.
Super_C_Complex t1_jcozljo wrote
Pennsylvania doesn't tax retirement income.
But there are taxes paid before you contribute. Plus federal taxes are still taken out
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