Connecticut Gold IRA: State Tax Rules and 2026 Considerations

Updated: July 30, 2026

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A Connecticut resident who funds a self-directed gold IRA from a rolled balance and then takes a distribution faces a two-layer tax question: federal first, then Connecticut state on the same dollar. The Connecticut Department of Revenue Services (DRS) administers the state income tax. The federal Form 1099-R flows to the IRS and to Connecticut through the CT-1040 resident return and the CT-1040 Schedule 1 modifications schedule.

Element I is the Connecticut AGI baseline. Federal AGI is the starting point for Connecticut adjusted gross income on Form CT-1040. See the dealers OPRS clears and the ones we warn against before any distribution call. The custodian’s depository, shipping, and Form 1099-R coding control whether the CT-1040 filing is clean or messy.

Element II is the IRA distribution exemption under Conn. Gen. Stat. Section 12-701(a)(20)(B), reaching 100 percent in tax year 2026 for filers under the income thresholds. The exemption reduces taxable IRA distribution income per person, claimed on Form CT-1040 Schedule 1. Element III is the federal mechanic stack: IRC Section 72(t), the SECURE 2.0 RMD age, and IRC Section 3405 withholding default. These federal layers apply at the federal level no matter the Connecticut residency.

Element IV is sourcing risk. A Connecticut resident who moved from New York, Massachusetts, or another high-tax former state may carry latent state-tax exposure if domicile was not cleanly broken. The federal Pension Source Tax Act of 1996 (4 U.S.C. Section 114) blocks former-state claims on retirement income once Connecticut residency is established. Missing any one of these four elements complicates an otherwise routine IRA distribution.

How Connecticut taxes traditional IRA distributions: the bracket framework

Connecticut General Statutes Title 12, Chapter 229 is the Connecticut Income Tax Act. The graduated individual income tax brackets are set by Conn. Gen. Stat. Section 12-700. Public Act 23-204, signed by Governor Lamont in June 2023, lowered the lowest two marginal rates effective January 1, 2024. The 3 percent rate dropped to 2 percent. The 5 percent rate dropped to 4.5 percent. The higher brackets were unchanged.

The Connecticut DRS administers the tax through Form CT-1040 (resident return) and Form CT-1040NR/PY (part-year resident or nonresident). A traditional IRA distribution from a self-directed gold IRA is reported on federal Form 1099-R. The federally taxable amount flows into federal AGI. Connecticut AGI starts from federal AGI on Form CT-1040, then applies Connecticut-specific additions and subtractions on Schedule 1.

The IRA distribution exemption under Conn. Gen. Stat. Section 12-701(a)(20)(B) is the most consequential of those subtractions for a gold IRA participant. The exemption phased in 25 percent for 2023, 50 percent for 2024, 75 percent for 2025, and 100 percent for tax year 2026.

The exemption reduces the taxable IRA distribution amount on Schedule 1 before the bracket math runs. A retired Connecticut resident at age 67 with federal AGI under $75,000 and a $50,000 traditional IRA distribution applies the 100 percent exemption in 2026 and pays zero Connecticut state tax on the distribution.

A Roth IRA qualified distribution (five-year period satisfied and the participant age 59 and a half or older) is federally tax-free and Connecticut tax-free. A non-qualified Roth distribution is subject to federal income tax on the earnings portion only under the basis-ordering rules of IRC Section 408A(d). That taxable earnings portion is also subject to Connecticut state tax through federal AGI on Form CT-1040, reduced by the IRA distribution exemption if the income thresholds are met.

The IRA distribution exemption: phase-in mechanics under Section 12-701

The IRA distribution exemption is the most significant Connecticut-specific retirement tax benefit for self-directed gold IRA participants. Conn. Gen. Stat. Section 12-701(a)(20)(B) allows a Connecticut resident under the income thresholds to subtract the IRA distribution amount from federal AGI on Form CT-1040 Schedule 1. The phase-in schedule is built into the statute and runs as a fixed percentage of the IRA distribution amount.

• Tax year 2023: 25 percent of the IRA distribution amount is exempt
• Tax year 2024: 50 percent of the IRA distribution amount is exempt
• Tax year 2025: 75 percent of the IRA distribution amount is exempt
• Tax year 2026 and after: 100 percent of the IRA distribution amount is exempt

The income thresholds are the gate. A single filer or a married filer filing separately qualifies for the full exemption tier if federal AGI is under $75,000. A joint filer or a head of household qualifies if federal AGI is under $100,000. Above those thresholds, the exemption phases out and is eliminated at higher AGI levels. Filers above the phase-out ceiling lose the IRA distribution exemption entirely.

The covered account types include traditional IRA, Roth IRA (the taxable earnings portion of a non-qualified distribution), SEP IRA, SIMPLE IRA, and self-directed gold IRA distributions reported on Form 1099-R. The exemption is per person and applies to the federal AGI starting figure on Form CT-1040.

The pension and annuity exemption under Conn. Gen. Stat. Section 12-701(a)(20)(B) is a separate exemption that reached 100 percent in tax year 2025. It covers 401(k), 403(b), 457(b), defined benefit pension, and annuity income, but not IRA distributions. The same federal AGI thresholds of $75,000 single and $100,000 joint apply. A Connecticut retiree with both an IRA distribution and a 401(k) distribution claims both exemptions on Schedule 1 if the AGI threshold is met.

The mechanical effect of the 2026 exemption at 100 percent on a $50,000 traditional IRA distribution for a 67-year-old single filer with federal AGI under $75,000 is zero Connecticut state tax owed. The $50,000 distribution amount is fully exempt on Schedule 1, leaving no taxable Connecticut income on that dollar. The same distribution in 2024 (50 percent phase-in) would have left $25,000 of taxable Connecticut income, taxed at the applicable bracket rates.

Connecticut federally taxable Social Security benefits are also fully exempt from Connecticut state income tax for filers under the same federal AGI thresholds, under Conn. Gen. Stat. Section 12-701(a)(20)(B). Above the thresholds, a 25 percent reduction in taxable Social Security is allowed (Connecticut taxes 75 percent of the federally taxable amount). Connecticut does not impose its own Social Security inclusion formula separate from the federal IRC Section 86 treatment.

Federal mechanics that still apply: 72(t), RMDs, and withholding

Connecticut state law does not reach the federal mechanics on a gold IRA. The IRC Section 72(t) 10 percent additional tax on pre-59-and-a-half distributions applies in full. The exceptions are the same federal exceptions that apply in every state. They include medical expenses above 7.5 percent of AGI, qualified higher education expenses, first-time homebuyer ($10,000 lifetime), substantially equal periodic payments under Section 72(t)(2)(A)(iv), and the public safety officer age-50 exception under Section 72(t)(10).

The SECURE Act 2.0 amended IRC Section 401(a)(9). The required minimum distribution (RMD) age is 73 for participants born between 1951 and 1959. It is 75 for participants born in 1960 and after. The RMD calculation uses the Uniform Lifetime Table in IRS Publication 590-B Appendix B. Connecticut does not impose a parallel state-level RMD because the federal RMD already triggers the Connecticut income inclusion through federal AGI on Form CT-1040.

The withholding default on a traditional IRA distribution to a Connecticut resident is 10 percent federal withholding under IRC Section 3405(b)(1) unless the participant elects out on Form W-4R. Connecticut state withholding on retirement distributions is generally elective. The Form CT-W4P (Withholding Certificate for Pension or Annuity Payments) can be filed with the custodian to set a specific state withholding amount. The participant can also wait until the CT-1040 is filed and pay any balance due at filing.

An indirect rollover (60-day rollover under IRC Section 408(d)(3)) subjects the participant to a mandatory 20 percent federal withholding on the distribution from an employer plan to the participant before re-deposit. The 20 percent is held against federal tax. Connecticut state tax is not pre-withheld on the indirect rollover. A direct trustee-to-trustee transfer avoids both withholdings entirely.

The IRS Publication 590-B treatment of an in-kind distribution from a self-directed gold IRA is the same in Connecticut as in every other state. The fair market value of the physical metal on the distribution date is the federally taxable amount. The custodian reports the FMV on Form 1099-R Box 1. Connecticut applies the bracket schedule against that FMV on Form CT-1040, reduced by the IRA distribution exemption if the AGI threshold is met.

Snowbirds, former-state taxation, and the Pension Source Tax Act

A Connecticut resident who previously lived in New York, Massachusetts, New Jersey, or another high-tax state may carry latent state-tax exposure if the former state asserts continuing-residency status. The federal Pension Source Tax Act of 1996 (4 U.S.C. Section 114) blocks a former state of residence from taxing retirement income paid to a person who is no longer a resident of that state.

The protection covers traditional IRA, Roth IRA, 401(k), 403(b), 457(b), defined benefit pension, and self-directed gold IRA distributions.

The statute defines retirement income broadly. It includes IRA distributions under IRC Section 408 and qualified plan distributions under IRC Section 401. The protection applies once the participant has established residency in the new state. The Connecticut side is the current-state-of-residence claim. The former state’s claim is the question the Pension Source Tax Act resolves.

Documentation discipline matters. Update the IRA custodian’s address of record to the Connecticut address. File a final part-year return for the former state in the year of the move. Update any state withholding election. Update voter registration, driver’s license, and any other indicia of domicile to Connecticut. Hold the old state’s documents for the audit lookback period (typically three to four years).

The reverse case is also possible. A Connecticut retiree who moves to a no-state-tax state (Florida, Texas, Tennessee, Wyoming, South Dakota) drops the Connecticut tax claim from the date of new domicile. The Pension Source Tax Act bars the prior Connecticut state from taxing retirement income paid after the move. A move from Connecticut to Florida is a common Northeast snowbird path and removes the state-tax layer on IRA distributions entirely.

Snowbird households that maintain two residences must pick one as the state of domicile. Day-count rules vary by state. New York uses a 183-day statutory residency test and an aggressive audit posture on Connecticut-to-Florida moves with retained New York connections. Connecticut asserts residency based on physical presence plus intent to remain, addressed in DRS guidance on domicile and statutory residency. The custodian’s address of record should match the chosen domicile.

Depository, custodian, and shipping considerations from Connecticut

The IRS does not approve any depository located in Connecticut. Self-directed gold IRA metals for a Connecticut-resident participant are held at one of the standard out-of-state IRS-approved depositories. The most common include Delaware Depository (Wilmington), International Depository Services (Dallas and Delaware), Brink’s Global Services USA (Salt Lake City and Los Angeles), HSBC Bank USA vaults (New York), and CNT Depository (Bridgewater, Massachusetts).

The depository choice is set by the custodian. A self-directed IRA custodian such as Equity Trust, STRATA Trust Company, Kingdom Trust, or Madison Trust has standing relationships with specific depositories. A Connecticut-resident participant does not select the depository directly. The participant selects the custodian. The custodian selects the depository from its approved list.

An in-kind distribution to a Connecticut-resident participant ships from the depository via insured carrier. The carrier is typically Brink’s, Loomis, or a similar armored-transport firm with secured-package experience. The shipping cost is borne by the participant and is not deductible because the distribution itself is the taxable event.

Shipping fees commonly run from $150 to $500 per shipment depending on insured value and destination ZIP code. The Connecticut destination geography is compact compared with mountain or rural Western states. A Hartford, New Haven, Bridgeport, or Stamford ZIP code typically carries standard rates. A Litchfield County rural ZIP may carry a modest surcharge.

An in-cash distribution avoids the shipping question entirely. The depository sells the metal at the spot price on the distribution date. The cash proceeds are wired to the participant’s bank or sent by ACH. The federally taxable amount is the cash distribution amount on Form 1099-R Box 1. The Connecticut mechanic is identical to any other IRA cash distribution: the Schedule 1 IRA distribution exemption runs against the same dollar if the AGI threshold is met.

The Connecticut estate and gift tax exposure

Connecticut is one of a small group of states that imposes a state-level estate tax. Conn. Gen. Stat. Section 12-391 sets the framework. The Connecticut estate tax exemption was conformed to the federal exclusion amount effective for decedents dying on or after January 1, 2023. The federal estate-tax exclusion for 2025 was $13.99 million per individual ($27.98 million for a married couple with portability). The 2026 figures will be set by IRS Revenue Procedure for inflation adjustment.

The Connecticut estate tax top marginal rate is 12 percent. The rate applies to the portion of the taxable estate exceeding the exclusion amount. A Connecticut decedent with a gold IRA balance plus other estate assets that together stay below the exclusion threshold owes no Connecticut estate tax. A balance above the exclusion threshold triggers the Connecticut estate tax filing obligation through Form CT-706/709.

Connecticut is also the only state that imposes a state-level gift tax. Conn. Gen. Stat. Section 12-642 imposes the gift tax with a lifetime exemption that mirrors the federal estate-tax exclusion. The Connecticut gift tax is integrated with the Connecticut estate tax through the unified credit framework.

A Connecticut gold IRA participant who plans lifetime gifting of non-IRA assets above the federal annual exclusion ($18,000 per recipient in 2024, indexed) should review the Connecticut gift tax filing requirement on Form CT-706/709.

The Tax Cuts and Jobs Act of 2017 doubled the federal estate-tax exclusion through 2025. The doubling is set to sunset on January 1, 2026 absent congressional action. The post-sunset federal exclusion is projected at approximately $7 million per individual after inflation adjustment.

Because Connecticut conforms its exclusion to the federal exclusion, a Connecticut sunset would also halve the state-level exemption. A Connecticut-resident gold IRA participant with a balance close to the post-sunset threshold should review both federal and Connecticut estate-tax exposure with a planning attorney.

Property tax, sales tax, and the broader Connecticut retirement landscape

Connecticut’s retirement landscape has shifted meaningfully since the 2019 phased-in retirement income exemptions began. The combination of the 100 percent pension and annuity exemption (effective 2025) and the 100 percent IRA distribution exemption (effective 2026) for filers under the AGI thresholds removes the state income tax layer on retirement income for moderate-income retirees.

State sales tax sits at 6.35 percent under Conn. Gen. Stat. Section 12-408. Connecticut does not allow local sales tax add-ons, so the combined rate is uniform statewide. A higher 7.75 percent rate applies to motor vehicles priced above $50,000, jewelry priced above $5,000, and clothing or footwear items priced above $1,000. Most grocery items are sales-tax exempt.

The Connecticut Property Tax Credit on the income tax return under Conn. Gen. Stat. Section 12-704c provides a maximum $300 credit per return for Connecticut residents age 65 or older or with dependent children. The credit phases out at higher AGI levels and is claimed on Form CT-1040 Schedule 3.

Local property tax is administered municipality by municipality and varies widely across Connecticut. Fairfield County mill rates can run materially higher than Litchfield or Windham County rates on a per-thousand basis. Many Connecticut municipalities offer local elderly property tax relief programs under Conn. Gen. Stat. Section 12-129b for homeowners age 65 or older meeting income limits set locally.

Connecticut imposes no separate state-level capital gains tax. Long-term capital gains are taxed as ordinary income at the Connecticut bracket schedule, the same as IRA distributions. A Connecticut resident who sells non-IRA gold or precious metals at a gain reports the gain federally on Form 8949 and Schedule D and includes the federally taxable amount in federal AGI on Form CT-1040. The IRA distribution exemption does not apply to non-IRA gold sales.

Common mistakes Connecticut retirees make on a gold IRA

1. Forgetting to claim the IRA distribution exemption on Form CT-1040 Schedule 1. A retiree who receives a Form 1099-R for an IRA distribution and lets the tax software default the Schedule 1 IRA distribution exemption line to zero overpays the Connecticut state tax by the full bracket-applied amount. In tax year 2026 with the 100 percent exemption, this can mean overpaying by several thousand dollars on a typical retirement distribution. The fix is to manually enter the qualifying IRA distribution income on Schedule 1.
2. Confusing the IRA exemption with the pension and annuity exemption. The two are separate Schedule 1 lines administered under Conn. Gen. Stat. Section 12-701(a)(20)(B). The pension and annuity exemption hit 100 percent in 2025. The IRA exemption hit 100 percent in 2026. A retiree with both a 401(k) distribution and an IRA distribution claims each on its own line if the AGI threshold is met. Treating them as one number misroutes the exemption.
3. Crossing the federal AGI threshold and losing the full exemption. The exemption gates at $75,000 federal AGI single or $100,000 joint. A retiree with $73,000 of baseline taxable income who takes a $30,000 IRA distribution can push federal AGI over the threshold and lose the full exemption tier for that year. Splitting the distribution across two tax years, or coordinating with Roth conversions in lower-income years, can preserve the exemption.
4. Missing the former-state residency lookback. A retiree who moved to Connecticut from New York within the prior four years and takes a distribution may receive an audit notice from the New York State Department of Taxation and Finance asserting continuing residency. The defense is the documentation file: voter registration date, driver’s license issue date, lease or property tax records, CT-1040 filing history. The Pension Source Tax Act preempts the assertion if domicile was cleanly broken.
5. Selecting a custodian without confirming depository shipping to Connecticut. Most custodians ship in-kind distributions to Connecticut without issue because the destination metros sit on standard armored-carrier routes. The participant who plans for an in-kind distribution at retirement should still confirm the shipping arrangement in writing at account opening, not at distribution.
6. Missing the SECURE 2.0 RMD age update. A 73-year-old Connecticut participant born in 1953 is under the age-73 rule. A 71-year-old participant born in 1955 is also under the age-73 rule (RMD starts at age 73). A 65-year-old participant born in 1961 is under the age-75 rule. The custodian’s automated RMD calculation should reflect the birth-year cohort.
7. Overlooking the Connecticut gift tax. Connecticut is the only state with a state-level gift tax. A Connecticut-resident gold IRA participant who gifts non-IRA assets above the federal annual exclusion (currently $18,000 per recipient, indexed) is subject to the Connecticut gift tax filing requirement on Form CT-706/709 once the lifetime exemption is used. Out-of-state donors making gifts to Connecticut donees are not subject to the Connecticut gift tax.
8. Skipping dealer vetting because the state-tax math now favors retirees. The 100 percent IRA distribution exemption in 2026 makes the state-level cost on a typical retirement-stage distribution zero for filers under the AGI threshold. That does not remove the dealer-selection layer. The custodian, depository, fee schedule, and buyback policy still matter. Check this dealer against the 2026 OPRS list before any custodian conversation.

What changed in 2026 for a Connecticut gold IRA participant

The federal contribution and distribution rules continue to evolve. The IRA contribution limit for 2025 was $7,000 (under age 50) and $8,000 (age 50 and older catch-up) under IRC Section 219(b)(5). The 2026 figures will be released by IRS Revenue Procedure in late 2025 for the 2026 tax year. The Connecticut state-level dimension does not change with the federal limit; the CT-1040 still uses federal AGI as the starting point.

The SECURE 2.0 Roth catch-up rule under Section 603 takes effect for tax years beginning after December 31, 2025. Participants age 50 and older with prior-year wages above $145,000 (indexed) must make catch-up contributions on a Roth basis only. The rule applies to 401(k), 403(b), and 457(b) plans. The IRA catch-up rule under Section 219(b)(5)(B) is not affected by the change.

The Connecticut IRA distribution exemption reached 100 percent in tax year 2026 under Conn. Gen. Stat. Section 12-701(a)(20)(B). The pension and annuity exemption reached 100 percent in tax year 2025. The bracket schedule on income that is not exempt remains unchanged from the 2024 Lamont tax cut: 2 percent, 4.5 percent, 5.5 percent, 6.0 percent, 6.5 percent, 6.9 percent, and 6.99 percent. The federal AGI thresholds of $75,000 single and $100,000 joint remain the gate for the full exemption tier.

The federal estate-tax exclusion is set to sunset from the doubled level on January 1, 2026. The pre-sunset exclusion was $13.99 million per individual in 2025. The post-sunset exclusion is projected at approximately $7 million per individual after inflation adjustment.

Because Connecticut conforms its estate tax exclusion to the federal exclusion under Conn. Gen. Stat. Section 12-391, a federal sunset would also halve the Connecticut exemption. The federal and state liability for a Connecticut-resident gold IRA holder above the post-sunset threshold should be reviewed with an estate-planning attorney.

A Connecticut-resident gold IRA participant in 2026 has the most favorable state-tax matrix in decades. The 100 percent IRA distribution exemption for filers under the federal AGI thresholds removes the Connecticut income tax layer on a typical retirement-stage distribution. The federal layer is the same as in every other state.

The state-level shift to zero on most retirement distributions means the dealer-selection layer carries the operational weight of the planning decision. The custodian’s depository, fee schedule, in-kind distribution shipping arrangement, and buyback policy determine the quality of the account through retirement and at distribution.

The dealer-side trust signal stack that OPRS uses includes four markers that travel across all 50 states. The markers are listed below.

• Money Magazine Best Overall Gold IRA Company (2022 to 2026)
• Investopedia Most Transparent Gold IRA Company (2022 to 2026)
• BBB A+ Rating with Zero Complaints (accredited since 2014)
• Education-First Process with non-commissioned customer success agents

Does Connecticut tax traditional IRA distributions at all in 2026?

For tax year 2026, Connecticut does not tax traditional IRA or self-directed gold IRA distributions for a single filer with federal AGI under $75,000 or a joint filer with federal AGI under $100,000. The IRA distribution exemption under Conn. Gen. Stat. Section 12-701(a)(20)(B) reaches 100 percent in 2026 for filers under those thresholds.

Above the thresholds, the exemption phases out and the bracket schedule from 2 percent to 6.99 percent under Conn. Gen. Stat. Section 12-700 applies to the taxable portion.

Roth IRA qualified distributions (five-year period satisfied and the participant age 59 and a half or older, or another qualifying event) are federally tax-free and Connecticut tax-free. Federally taxable Social Security benefits are also fully exempt from Connecticut state income tax for filers under the same federal AGI thresholds; a 25 percent reduction in taxable Social Security applies above the thresholds.

How is the IRA exemption different from the pension and annuity exemption?

The IRA distribution exemption and the pension and annuity exemption are two separate Schedule 1 lines under the same governing statute (Conn. Gen. Stat. Section 12-701(a)(20)(B)). The pension and annuity exemption reached 100 percent in tax year 2025 and covers 401(k), 403(b), 457(b), defined benefit pension, and annuity income. The IRA distribution exemption reached 100 percent in tax year 2026 and covers traditional IRA, Roth IRA earnings (when taxable), SEP IRA, SIMPLE IRA, and self-directed gold IRA distributions.

A Connecticut retiree with both a 401(k) distribution and an IRA distribution claims each exemption on its own Schedule 1 line if the federal AGI threshold ($75,000 single or $100,000 joint) is met. Both exemptions phase out above the thresholds. The two exemptions cover the full retirement-income spectrum for moderate-income Connecticut retirees.

Does Connecticut impose a state-level early-distribution penalty like Wisconsin?

No. Connecticut does not impose a state-level additional tax on early IRA distributions parallel to the federal IRC Section 72(t) 10 percent additional tax. Wisconsin imposes a 33 percent state mini-penalty under Wisconsin Statute 71.83(1)(b)6. California imposes a 2.5 percent additional tax under California Revenue and Taxation Code Section 17085.

A Connecticut-resident participant who takes a pre-59-and-a-half distribution from a traditional IRA pays the federal 10 percent additional tax. The participant also pays Connecticut state tax on the taxable portion through federal AGI on Form CT-1040, subject to the IRA distribution exemption if the AGI threshold is met. The state-level early-distribution penalty layer is zero.

If I move from New York to Connecticut, when does my New York income tax stop?

New York state income tax stops when Connecticut residency is established and New York domicile is broken. The New York State Department of Taxation and Finance uses a multi-factor presumption analysis: physical presence (the 183-day statutory residency test), intent to remain, voter registration, driver’s license, vehicle registration, location of personal effects, and the place of permanent abode.

The federal Pension Source Tax Act of 1996 (4 U.S.C. Section 114) preempts New York’s claim on IRA distributions paid after Connecticut residency is established. The protection applies to traditional IRA, Roth IRA, 401(k), 403(b), 457(b), defined benefit pension, and self-directed gold IRA distributions. The participant should retain documentation of the move and the date of new Connecticut residency.

Are Connecticut SERS pension benefits taxable in Connecticut?

Yes, in part. Connecticut State Employees Retirement System (SERS) defined benefit pension payments are taxable as ordinary income at the Connecticut level through federal AGI on Form CT-1040. The pension and annuity exemption under Conn. Gen. Stat. Section 12-701(a)(20)(B) reaches 100 percent in tax year 2025 and after for filers under the federal AGI thresholds ($75,000 single or $100,000 joint), eliminating the Connecticut state tax layer on the SERS payment.

The federal tax treatment under IRC Section 72 applies in full. The federal exclusion ratio applies if the SERS participant made after-tax contributions during the working years. SERS reports the federally taxable amount on Form 1099-R Box 2a. Connecticut applies the bracket schedule against the Form 1099-R Box 2a amount on Schedule 1, reduced by the pension and annuity exemption if the AGI threshold is met.

Sources cited

1. Connecticut Department of Revenue Services
2. Connecticut General Statutes Chapter 229, Income Tax (Conn. Gen. Stat. Section 12-700 et seq.)
3. Connecticut General Statutes Chapter 217, Estate Tax (Conn. Gen. Stat. Section 12-391)
4. IRC Section 72, Annuities; Certain Proceeds of Endowment and Life Insurance Contracts
5. IRC Section 72(t), Additional Tax on Early Distributions from Qualified Retirement Plans
6. IRC Section 408, Individual Retirement Accounts (Traditional IRA)
7. IRC Section 408A, Roth IRA Distribution Rules
8. IRC Section 3405, Withholding on Pension and Annuity Distributions
9. 4 U.S.C. Section 114, Pension Source Tax Act of 1996
10. IRS Publication 590-B, Distributions from Individual Retirement Arrangements
11. Connecticut State Employees Retirement System (SERS)

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