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jngkkschlegel
New Member

I rolled over a federal 401K to an annuity with METLIFE. I contributed 2/3 of the funds for the 401K. Any tax breaks for Federal or State of Hawaii taxes?

 
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DDollar
New Member

I rolled over a federal 401K to an annuity with METLIFE. I contributed 2/3 of the funds for the 401K. Any tax breaks for Federal or State of Hawaii taxes?

No, there are no tax deductions or credits for rolling over a 401(k) to an annuity.

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DDollar
New Member

I rolled over a federal 401K to an annuity with METLIFE. I contributed 2/3 of the funds for the 401K. Any tax breaks for Federal or State of Hawaii taxes?

No, there are no tax deductions or credits for rolling over a 401(k) to an annuity.

View solution in original post

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