A4614 — Excludes deferred compensation of certain public school and federal tax-exempt organization employees from gross income tax; requires employers to keep records of contributions.

A4614 — Excludes deferred compensation of certain public school and federal tax-exempt organization employees from gross income tax; requires employers to keep records of contributions. · Informed CitizenryThis bill amends New Jersey law to exclude certain employer-contributed retirement savings from an employee's gross income tax. Specifically, it excludes contributions made on behalf of employees o…Open in Informed Citizenry