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Saturday, September 19, 2026

The 13 States Where a $1 Million 401(k) Withdrawal Owes $0 in State Tax. Nine Have No Income Tax, and Illinois, Mississippi, Pennsylvania, and Iowa Exempt Retirement Income Outright

Pull $1 million from a traditional 401(k) in California and the state alone can bill you roughly $130,000. Do the same withdrawal in 13 other states …

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