This is Part 2 of our 3-part series on taxes in retirement. For Part 1, click here, and for Part 3, click here.
While federal taxes still apply to many retirees, most states don’t tax Social Security benefits, and that makes a big difference.
Today, only nine states tax Social Security income, and one of those is already phasing it out. That means in the vast majority of the country, your benefits aren’t touched at the state level.
For many seniors, this creates a clear advantage. Living in a tax-friendly state can stretch your income, lower stress, and make retirement more affordable and enjoyable. Whether you’re already retired or planning ahead, it’s worth considering how location impacts your bottom line.
Our position is simple: Seniors shouldn’t be taxed twice on money they’ve already earned. Retirement should come with peace of mind, and part of that includes keeping more of your monthly check. In Part 3, we’ll show you how to do just that with smart, legal tax-saving strategies.
Sign our petition here to protect Social Security’s future and secure the funds you’re owed!
