Something to Keep in Mind…State Taxation of Social Security Benefits
For those looking to select a retirement destination, it’s a good idea to verify whether or not the state you’re planning to reside in levies an income tax on your Social Security benefits. This article by Kiplinger.com Executive Editor Michael DeSenne identifies the states that impose this tax on retirees, but points out that Social Security taxation is only one part of the relocation decision. Check it out here…
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