What is the percent of taxes withheld on an early 401k withdrawal for Indiana?

cgrossman86 — Tue, 04 Jun 2019 20:04:37 GMT

Indiana does not charge an early withdrawal penalty on di...

AmyT — Tue, 04 Jun 2019 20:04:39 GMT

Indiana does not charge an early withdrawal penalty on distributions taken from a retirement account before the age of 59 1/2.

In most counties, you are safe if you have 5% withheld for state tax (based on a county tax rate of 1.5% or less). However, there are some counties that have a higher county tax rates. A complete list of Indiana county tax rates can be found at https://www.in.gov/dor/files/dn01.pdf

Note: Effective January 1, 2017, the state tax rate in Indiana drops from 3.3% to 3.23%

topic What is the percent of taxes withheld on an early 401k withdrawal for Indiana? in Retirement tax questions

What is the percent of taxes withheld on an early 401k withdrawal for Indiana?

Indiana does not charge an early withdrawal penalty on di...