This is not a complete list of side effects and others may occur. Call your doctor for medical advice about side effects. You may report side effects to FDA at 1-800-FDA-1088. Read the Celebrex (celecoxib) Side Effects Center for a complete guide to possible side effects.
The retirement income credit and senior credit offset it. There's no need to withhold unless you'll owe local tax. If you have an income of approximately $40,000, your Ohio state tax liability will be approximately 2.5 percent of all income due on retirement funds because of the tax credit. Those with retirement income in the $80,000 to $150,000 range can withhold approximately 4 percent.
The trade-off: Those states generally don't tax at least a portion of the withdrawals. But how much of the withdrawal is exempt from taxation depends on the state. Pennsylvania doesn't tax any retirement income, including Social Security and pensions, although it limits the exemption to taxpayers older than 59Â½.