California Will Never Tax a Dime of Shohei Ohtani’s $680 Million. The Federal Law He’s Counting On Also Protects Your 401(k) the Day You Retire Across State Lines
· finance.yahoo.com
A 30-year-old federal statute already blocks high-tax states from following your retirement savings across state lines, but one timing mistake voids the entire protection and hands your old state exactly what it wanted.
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The same federal statute shielding Ohtani's $680 million in deferred Dodgers pay also blocks California from taxing your 401(k) once you legally mov...