The 10 Best State Tax Deals For SeniorsPrevious Next Share Twitter Facebook Digg It! RSS Email
July 25th 2010 04:06
Georgia
Couples 62 and older can currently exclude all Social Security and up to $70,000 a year in interest, dividends, capital gains, rents, pensions, IRA withdrawals and annuities from the state's 6% income tax. It gets better: In May the legislature passed a law providing that for those 65 and older, that exemption will increase in 2012 to $130,000 and beginning in 2016, all retirement income--except income from work--will be exempt.
FROM: Forbes.com
| 64 |
| Vote |
subscribe to this blog
