37 States That Don't Tax Social Security Benefits
Many people do their best to plan and save for retirement, only to be tripped up by one nasty surprise -- taxes. A number of key senior income sources are subject to taxes during retirement, like traditional IRA and 401(k) plan withdrawals, as well as pension payments.
Social Security is another income source that can be taxable -- but not always. At the federal level, taxes on benefits apply to seniors with moderate income or higher. And often, those federal taxes are hard to avoid.
Image source: Getty Images.
Source Fool.com