The pandemic has had a long-lasting influence on our culture, including encouraging relocation at previously unheard-of levels. Imagine the surprise of a recently relocated retiree who discovers that their previously untaxed Social Security benefits are now included in their taxable income at the state level. Taxation of these benefits could have a serious impact on their lifestyle and may provide a less beneficial financial picture than was first thought. Want to know whether your state taxes Social Security benefits? Read on to learn more.
Latest posts by Kim Morrison (see all)
- Trust Distribution Standards May Be Very Broad - August 31, 2022
- It’s Important to Have a Coordinated Estate Plan - August 23, 2022
- Revocable Trusts Are Not Always Treated the Same as an Individual - August 16, 2022
