S3874 — Allows distributions from NJBEST account to Roth IRA as qualified withdrawals and excludes such distributions from gross income tax.

S3874 — Allows distributions from NJBEST account to Roth IRA as qualified withdrawals and excludes such distributions from gross income tax. · Informed CitizenrySenate Bill 3874 makes changes to how funds held in the NJBEST account can be withdrawn. Specifically, it allows money taken out of this account for contributions or transfers into a Roth IRA to be…Open in Informed Citizenry