Latest News

State Income Tax on Social Security Benefits

While no one suggests you change where you live because of it, some U.S. states levy an income tax on retirement income, including Social Security benefits. Fortunately, the list of states which do not tax Social Security benefit is longer – thirty-eight states don’t tax your SS benefits – but there are still a baker’s dozen which do. This Forbes article by certified financial planner David Rae discusses how state taxation of retirement benefits works, and also explains how Federal taxation of Social Security benefits may impact your federal income tax obligation. Click here to read more.

Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers