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Living In One of These States? Prepare for a Lower Social Security Check


Where you retire has a lot of financial implications. Of course, location influences the cost of living; someone retiring in San Francisco will probably need more than someone retiring in a small North Carolina town. But along with the cost of living, where you live can directly affect your Social Security benefits because of the tax implications.

While this doesn't apply to everyone, people living in the following 12 states should prepare to potentially have a lower-than-anticipated monthly Social Security payout.

Image source: Getty Images.

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Source Fool.com


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