§ 22005 Pension Tax Exemption

• •Your pension or retirement money is safe from taxes.
• •Even if you die, the money you saved for retirement won’t be taxed when passed to your family.
• •This rule applies to all retirement benefits, not just pensions.

You save money in a retirement fund while working, and when you retire, you get monthly payments.

The government can’t take taxes from those payments, even if you leave the money to your kids.