A1406 — Excludes under gross income tax certain contributions to qualified pension plans, deferred compensation plans and provides deduction for certain individual retirement savings.

A1406 — Excludes under gross income tax certain contributions to qualified pension plans, deferred compensation plans and provides deduction for certain individual retirement savings. · Informed CitizenryThe bill amends N.J.S.54A:5-1 and P.L.1983, c.571 to modify the definition of New Jersey gross income and contributions to certain plans. Under N.J.S.54A:5-1, the law is amended to include amounts…Open in Informed Citizenry