Sep 27, 2014

Retirees Beware State Tax Bite

"...Tax planning is a cornerstone of retirement planning. But by focusing on Uncle Sam, many retirees overlook the state-tax bite. States vary across the map on how they tax everything from retirement income to retail purchases. If you're thinking of relocating, be sure to know how potential retirement destinations compare with your current state when it comes to taxes...

Two states offer no general breaks on retirement income but do offer a break to military retirees."

Read more at Kiplinger