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How do you figure out what percentage of NYCERS contributions are taxable?
NYCERS says "Non-414(h) Contributions were deducted from your paychecks after tax, and are therefore not subject to taxation a second time. The portion of your retirement benefit that represents Non-414(h) Contributions is exempt from Federal taxes."
So how do you determine how much of your pension payment is taxable?
‎February 17, 2025
3:46 PM