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Which States Will Be Following the 401(K) "CATCH-UP" PROVISIONS OF EGTRRA?
As of 02/26/03
State |
Position |
State |
Position |
| Alabama |
Yes. |
Minnesota |
Yes (On June 15, 2002). |
| Arizona |
Yes (On June 4, 2002). |
Mississippi |
Yes. |
| Arkansas |
Yes (On Feb. 26, 2003 for 2002). |
Missouri |
Yes. |
| California |
Yes (On May 8, 2002). |
Montana |
Yes. |
| Colorado |
Yes. |
Nebraska |
Yes. |
| Conneticut |
Yes. |
New Jersey |
Yes. Catch-up contributions authorized for §401(k) plans, not for §403(b) plans or §457 plans or SEP or SIMPLE IRA. |
| Delaware |
Yes. |
New Mexico |
Yes. |
District of
Columbia |
Yes. |
New York |
Yes. |
| Georgia |
Yes (On April 18, 2002). |
North Carolina |
Yes (On Sept. 30, 2002). |
| Hawaii |
Yes (On June 28, 2002). |
North Dakota |
Yes. |
| Idaho |
Yes (On March 4, 2002). |
Ohio |
Yes. |
| Illinois |
Yes. |
Oklahoma |
Yes. |
| Indiana |
Yes (On March 28, 2002). |
Oregon |
Yes. |
| Iowa |
Yes (On April 4, 2002). |
Pennsylvania |
No. The State does not conform to I. R. C. Changes. |
| Kansas |
Yes. |
Puerto Rico |
No. The commonwealth does not follow the I. R. C. |
| Kentucky |
Yes. |
Rhode Island |
Yes. |
| Louisiana |
Yes. |
South Carolina |
Yes (On April 22, 2002). |
| Maine |
Yes (On March 25, 2002). |
Utah |
Yes. |
| Maryland |
Yes. |
Vermont |
Yes. |
| Massachusetts |
Yes (On July 25, 2002). Legislature overrode governors veto to conform state to EGTRRA. |
Virginia |
Yes. |
| Michigan |
Yes. |
West Virginia |
Yes (On March 7, 2002). |
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Wisconsin |
Yes (On July 26, 2002). |
States not listed do not have State Income Tax.
To learn more, call 973-492-1880 or e-mail info@mhco.com.
© 2012, McKay Hochman Co., Inc. All rights reserved.
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