18:26-5.17 Proceeds of retirement contracts
The proceeds of a retirement contract purchased on the installment plan are subject to the New Jersey Inheritance Tax when the decedent dies prior to the date of retirement and the payments are returned to either his estate or to a designated beneficiary, except for the exemption provided by N.J.A.C. 18:26-6.16.
The proceeds of a retirement contract purchased on the installment plan are subject to the New Jersey Inheritance Tax when the decedent dies prior to the date of retirement and the payments are returned to either his estate or to a designated beneficiary, except for the exemption provided by N.J.A.C. 18:26-6.16.
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