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38 States That Don't Tax Social Security Benefits


When you plan your retirement budget, taxes are an essential part of the equation. You'll pay ordinary income taxes on withdrawals from non-Roth retirement accounts. Plus, if your income exceeds certain thresholds, part of your Social Security is taxable at the federal level.

But your tax bill could creep even higher depending on the state you choose to live in during retirement. That's because some states tax your Social Security benefits.

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Source Fool.com


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