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    islero's Avatar
    islero Posts: 1, Reputation: 1
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    #1

    Mar 10, 2010, 06:55 PM
    Are nyc pensions taxable
    Are my nyc and 457 plan pensions taxable after I retire
    ebaines's Avatar
    ebaines Posts: 12,131, Reputation: 1307
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    #2

    Mar 11, 2010, 12:48 PM

    If the pension is paid by NY state or NY local government, or by the federal government (including social, security) it is not taxed by NY. The first $20K of your 457 plan withdrawals are also not taxed. See: Information for seniors
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