Vol. 2026 · Bill Detail · Special Edition
CivicRadar.Wednesday, September 2, 2026
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Excludes contributions made to certain retirement savings plans under gross income tax.
This bill would exclude certain contributions to retirement savings plans from New Jersey's gross income tax. It affects individuals who contribute to plans like 401(k)s, 403(b)s, 457 plans, the federal Thrift Savings Plan, or traditional Individual Retirement Accounts. If passed, these contributions would not be taxed when made, but would be taxed when withdrawn in retirement.
No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text
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