Reported 1 day ago
Retirees should be aware that not all states treat retirement income the same, impacting their financial plans. There are 13 states that do not tax retirement income, including Alaska, Florida, and Texas, as well as four additional states that exempt specific retirement income from taxation. Understanding each state's tax considerations on retirement income, including Social Security benefits, is vital for retirees looking to maximize their earnings during retirement.
Source: YAHOO