Latest News

Consider State Incomes Taxes on Social Security 

Generally the advice is work as long as possible and delay benefits as long as possible to maximize Social Security benefits. Often not discussed, however, is that some states tax Social Security benefits while others do not. In fact, 38 do tax them to be exact, which means less money in pocket. Twelve do not. Ultimately, where you live and retire should depend on many different factors, but read the entire piece by Bram Berkowitz here which includes the full list of which states tax benefits.

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

Website by Geiger Computers