Hi all,
Long time reader, first time poster. I have a non-straightforward question and would like the advice of the MMM community.
My company is relocating me from Washington (no state income tax) to Utah (5% flat state income tax) this coming July. I am planning to max out my 2014 contributions, but am wondering if I can avoid some additional tax by only contributing enough to get the company match in Washington, then increasing contributions while in Utah. Thoughts?
Details:
Months in WA: 6
Months in UT: 6
WA state tax: 0%
UT state tax: 5% (flat)
Company match: 100% match up to 6%
Salary: ~$70k
Thanks!