State Withholding Requirements for Qualified Plan …

table 2: 2013 State Withholding Rates and Rate Calculations for Qualified Retirement Plan and IRA Plan Distributions NOTE: Use of the terms periodical and non-periodical is the same as defined for federal purposes under IRC '3405 and related federal regulations. Where there are special State applications to eligible rollover distributions (ERDs) as defined in IRC '3405 subject to federal Withholding at 20%, they are so noted in the table . 11102013 (replaces 11012013) DC updated to add link to FR 230. State Periodical Calculation Applies to periodical payments from QRPs, life insurance contracts, commercial annuities, and endowment contracts. QRPs include IRC '401(a), including '401(k), '403(a) and (b), and governmental '457 plans. Nonperiodical Calculation Applies to nonperiodical payments such as lump sums from QRPs, life insurance contracts, commercial annuities, and endowment contracts, and to all taxable IRA distributions.

Table 2: 2013 State Withholding Rates and Rate Calculations for Qualified Retirement Plan and IRA Plan Distributions . NOTE: Use of the terms “periodical” and “non-periodical” is the same as defined for federal purposes under …

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