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Social Security: Should Retirees Abandon High-Tax States?

One of the things about Social Security that annoys people the most is that the federal government makes many recipients pay income taxes on their Social Security benefits. To add insult to injury, many states pile on with taxes of their own. As Fool contributor John Maxfield noted last week, six states in particular have heavy taxes on benefits. If you’re retired and live in those states, you have to ask: Does it make sense to pick up and move somewhere else?…Read More


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