Latest News
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
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.