Reported about 10 hours ago
Florida is notably tax-friendly for Social Security recipients, collecting no income tax on government retirement benefits, which allows retirees to better manage their finances. In 2022, nearly 5 million Floridians received over $93 billion from Social Security's Old Age, Survivors, and Disabilities Insurance program, alongside approximately $4 billion from Supplemental Security Income for low-income residents. The state offers a range of financial support to retirees, making it an attractive option for those seeking a comfortable retirement.
Source: YAHOO