Allows distributions from NJBEST account to Roth IRA as qualified withdrawals and excludes such distributions from gross income tax.
Revises NJBEST one-time grant to annual grant of up to $1,500 for certain contributors.
Revises NJBEST one-time grant to annual grant of up to $1,500 for certain contributors.
Revises NJBEST one-time grant to annual grant of up to $1,500 for certain contributors.
Revises NJBEST one-time grant to annual grant of up to $1,500 for certain contributors.
Provides State grants for new accounts opened under New Jersey Better Educational Savings Trust (NJBEST) program; provides gross income tax credit for certain contributions to NJBEST accounts.
Provides gross income tax exclusion for distributions from individual retirement accounts to qualified charitable organizations.
Excludes certain retirement savings plan contributions, withdrawals, and rollovers from gross income tax.
Excludes certain retirement savings plan contributions, withdrawals, and rollovers from gross income tax.
Improves management and administration of New Jersey Better Education Savings Trust program; establishes grants and additional tax incentives for New Jersey Better Education Savings and Trust account contributions; creates New Jersey Better Education Savings and Trust Advisory Council.