Iowa Military Retirement Withdrawals

Article ID: 33307  

Question
Iowa Military Retirement Withdrawals

Answer

Retirement Plans for Military, Exemption of Withdrawals

If a National Guard member or member of the military reserve is called to active state or Federal duty and makes a withdrawal from a qualified retirement account of the member, the amount of the withdrawal is not subject to Iowa income tax or state tax penalty.


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Views: 754 Created on: Jun 15, 2013