Iowa Retirement Tax Law Changes

Dear Emeriti,

We were provided with the following message from UNI Human Resources. Please review the following tax changes.

Retirement Tax Law Changes

For 2023, the new year brings a number of regulatory changes to retirement plan savings and distributions. Iowa House File 2317 provides tax relief for certain retirement incomes as well as other income tax bracket adjustments. Now is a great time to meet with your financial advisor, or an IPERS or TIAA consultant, to see how the changes may impact your income and savings plans. An online request for tax guidance is also available through the Iowa Department of Revenue.