What percentage of retirement is taxable. I mean like at what percentage? Like 80%?

reeya123 — Sat, 01 Jun 2019 03:11:10 GMT

Here's the IRS's answer to that question if by "retiremen...

TomYoung — Sat, 01 Jun 2019 03:11:12 GMT

Here's the IRS's answer to that question if by "retirement" you really mean "pension":

"If you receive retirement benefits in the form of pension or annuity payments from a qualified employer retirement plan, all or some portion of the amounts you receive may be taxable."

In other words, "it depends". There simply is no specific "universal" answer to the question. At a guess, probably most pensions are 100% taxable but if you contributed after-tax dollars to your pension then some portion of the pension would not be taxed.

Tom Young

Some states have retirement income exclusions.

SweetieJean — Sat, 01 Jun 2019 03:11:13 GMT

Some states have retirement income exclusions.

topic What percentage of retirement is taxable. I mean like at what percentage? Like 80%? in Retirement tax questions

What percentage of retirement is taxable. I mean like at what percentage? Like 80%?

Here's the IRS's answer to that question if by "retiremen...

Some states have retirement income exclusions.