TSP withdrawals and state income tax


Q. I understand that some states do not tax CSRS or FERS pensions. I also understand that there are some states that do not tax or only partially tax Thrift Savings Plan withdrawals. Would you please list the states that have income tax and that fully or partially tax TSP withdrawals?

A. Nope. You’ll have to do that research yourself. I suggest you start by directing your Web browser to “google.com.” Or, I’m pretty sure that Kiplinger.com can provide this info.


About Author

Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

Leave A Reply