New Jersey § 54a:7-1
Full text of New Jersey New Jersey Statutes § 54a:7-1, with citation guidance and answers to common questions.
§ 54a:7-1.
Voluntary withholding from pensions and annuities. a. Every payor of a pension or annuity, under an annuity, endowment or life insurance
contract, or payments of any such amounts which are received as pension disability
or retirement benefits, to a taxpayer under any public or private plan, shall withhold
the amount specified by the recipient of a pension or annuity. b. The amount to be withheld shall be a minimum of $10.00 per payment period or an
even dollar amount greater than the minimum as specified by the recipient of the pension
or annuity. c. The recipient of a pension or annuity shall make a request in writing to the payor
for the amount to be withheld on a form and in the manner specified by the director. The amount being withheld may be changed or terminated upon request by the recipient
of the pension or annuity in the same manner. d. The director shall promulgate the regulations necessary to implement voluntary
withholding from pensions and annuities.
Frequently Asked Questions About New Jersey § 54a:7-1
What does New Jersey Statutes § 54a:7-1 cover?
Section 54a:7-1 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 54a:7-1?
A common citation format is "New Jersey Statutes § 54a:7-1" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 54a:7-1 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.