• D.C. Requires Employers to Withhold D.C. Tax on Retirement Plan and IRA Distributions to D.C. Residents
  • January 31, 2012 | Authors: Dan S. Brandenburg; Joanne G. Jacobson
  • Law Firm: Saul Ewing LLP - Washington Office
  • Yet another jurisdiction has added mandatory withholding to distributions from retirement plans. Effective January 1, 2012, a last-minute emergency bill (B19-626) was signed into law on December 22, 2011 by District of Columbia Mayor Anthony Gray that requires retirement plan benefit payors to withhold D.C. income tax from distributions to residents of D.C. On January 4, 2012, the D.C. Council approved a matching temporary bill (B19-627).