New York Teachers Retirement System

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  • Thad
    Junior Member
    • Dec 2009
    • 29

    #1

    New York Teachers Retirement System

    A client, now living in Virginia...using all of our state's amenities. Is any of his retirement exempted from Virginia State Income Tax Laws?
  • Burke
    Senior Member
    • Jan 2008
    • 7068

    #2
    Nope. Have one of those. It's taxed here, but there is (usually) a $12K deduction for anyone over 65 if their income is not too high.
    Last edited by Burke; 03-07-2014, 02:35 PM.

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    • Thad
      Junior Member
      • Dec 2009
      • 29

      #3
      My good man...your direct response was very refreshing...Thanks.

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