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26 States That Won’t Tax Your Social Security This Year

Retirees almost universally seek to maximize their incomes and can do so through claiming Social Security at the right age for them and by making other sound investment decisions with their other savings.  But sometimes lost in the calculus is state income taxes.  Federal income tax is owed on Social Security benefits after thresholds are met, and little can be done about that.  But 26 states either have zero income tax or exempt some or all Social Security benefits from taxation.  To learn more, read this article by Miranda Marquit in Money Talks News here.

The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.



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Comments On This Topic

    • Cheryl:

      Other than the typical Akismet filtering, I’m not sure what “moderation” you’re referring to? Feel free to contact us at the Foundation office (888-750-2622) if you have a concern.

      Gerry Hafer
      AMAC Foundation, Inc.

  1. social security should be privatized. Chile and even Sweden have moved toward letting the retires manage there social security much like an IRA. This would be great for all Americans, especially the younger. I just joined and have not read AMACs proposal. Hopefully this is the direction.

    • Michael:

      Thanks for your comment. We will forward your thoughts to the AMAC, Inc. team working on the Social Security solvency issue for consideration.

      Gerry Hafer
      AMAC Foundation, Inc.

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