Tuesday, December 19, 2017

The 4 Least Tax-Friendly States for Social Security Recipients

Title: The 4 Least Tax-Friendly States for Social Security Recipients

Article Snip: "...A second tier was added in 1993 under the Clinton administration that exposed 85% of Social Security benefits to federal taxation for individual earnings above $34,000, and couples filing jointly in excess of $44,000. When first introduced, this tax affected around one out of 10 households. As of 2015, it affected 56%, according to The Senior Citizens League..."

Reference: www.fool.com

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