35 Miss. Code R. § 3-02-07-104
Current through May 31, 2024
Early distributions from retirement plans do not qualify for this exemption. Although these amounts are subject to state income tax, there is no early withdrawal penalty for state purposes. In addition, the terms "retirement allowances, pensions, annuities or optional retirement allowances" do not include income from investments in stocks, bonds, intangible securities, real properties, or tangible properties.
35 Miss. Code. R. § 3-02-07-104