The US income tax base excludes:(1) interest on state and local bonds, (2) employer contributions to pension and medical plans, (3) gifts and inheritances.

美国所得税的税基不包括：（1）州和地方债券的利息；（2）雇主向养老金和医疗计划的缴款；（3）赠与和遗产。

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All your IRAs holding money rolled from employer pension plans count as the same type and must have the same beneficiaries.

FORBES: Is it time to move your IRA?

Another considerable issue: Hostess is saddled with multi-employer pension plans, which require payments to workers at other companies in addition to its own.

WSJ: Twinkie Maker Hostess Brands, Unions Face Off Over New Batch of Cuts

As it gobbled up bakeries across the country, Hostess wound up with 372 collective-bargaining agreements, 40 multi-employer pension plans, 5, 500 delivery routes and a vast production system.

WSJ: Twinkie Maker Hostess Brands, Unions Face Off Over New Batch of Cuts