Archive for Tag: income tax exemption for retirement contributions

Thomson & Bucco bill helps workers save for retirement with pre-tax money

TRENTON, N.J. – A bill making it more affordable for residents to save for retirement is being considered by the Legislature after the Assembly Financial Institutions Committee heard testimony this week. Sponsored by Assemblymen Anthony Bucco and Edward Thomson, the measure (A4899) exempts contributions to qualified retirement plans from...

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