Saturday, November 12, 2011

Is there a state tax in Puerto Rico for Roth IRAs?

I know Roth IRAs are tax free when you take the funds out at age 60, but I read that a state tax may be applicable to IRAs ( I understand that the tax exemption is at the federal level). Is there a state tax in Puerto Rico that one would have to pay for the earnings put into a Roth IRA?

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