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re: State Retirement $$$ -> Rollover to Roth or Traditional IRA
Posted on 10/10/12 at 9:12 pm to Sheep
Posted on 10/10/12 at 9:12 pm to Sheep
You might want to consider the Louisiana income tax ramifications. Distributions from most Louisiana and city/parish retirement plans are not subject to Louisiana income tax. However, once you roll it over to an IRA, distributions are subject to Louisiana income tax when distributed from the IRA.
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