Which States Tax Groceries?

Title: Which States Tax Groceries?

Article Snip: "...States that tax groceries (rate if not fully taxed): Alabama, Arkansas (3%), Hawaii, Idaho, Illinois (1%), Kansas, Mississippi, Missouri (1.225%), Oklahoma, South Dakota, Tennessee (5.5%), Utah (1.75%), Virginia (1.5% + 1% local option tax), and West Virginia (5%)..."

Reference: taxfoundation.org
Taxes in Retirement, high-tax states for retirement, Grocery Taxes, Which States Tax Groceries?, Alabama,

Retired feds avoid high-tax states

Title: Retired feds avoid high-tax states

Article Snip: "...Nine states don’t have any personal or state tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming. Another nine states exempt CSRS and FERS annuities from state tax: Alabama, Hawaii, Illinois, Kansas, Louisiana, Mississippi, New York and Pennsylvania...When it comes to the highest sales tax Tennessee, surprisingly, is No. 1 with a rate of 9.47%, which is why a lot of residents drive north to Kentucky — 38th with 6% sales tax..."

Reference: federalnewsnetwork.com
high-tax states for retirement, Retirement,

This Retirement Mistake Could Cost You $301,479 (Saving Charts)

Title: This Retirement Mistake Could Cost You $301,479

Article Snip: "...A classic mistake, made by millions of people, is not starting to save for retirement soon enough. It's a mistake so huge that it could cost you $301,479 -- or more. Here's a closer look at what it could cost you..."

Reference: www.fool.com

TSP Tax Deferred vs. Tax Exempt

Title: TSP Tax Deferred vs. Tax Exempt

Article Snip: "...Federal employees hired after July 31, 2010, have 3 percent of pay is deducted from every paycheck into the TSP account, and each government agency contributes 1 percent of pay. The agency also contributes 3 percent in Agency Matching Contributions. If hired before August 1, 2010, the TSP receives 1 percent equivalent pay contributions from the individual agency. His agency contributes up to 5 percent in matches..."

Reference: smallbusiness.chron.com
TSP

Retirement Bills to Receive Big Push From Industry Lobbyists

Title: Retirement Bills to Receive Big Push From Industry Lobbyists

Article Snip: "...The bills would provide U.S. workers with expanded opportunities to participate in employer-provided retirement plans while providing some administrative relief to employers and incentivizing them to offer more savings plan opportunities..."

Reference: 401kspecialistmag.com

If I stop working before I begin claiming Social Security, will my monthly benefit amount be reduced?

Title: If I stop working before I begin claiming Social Security, will my monthly benefit amount be reduced?

Article Snip: "...If you already have 35 years of earnings, your benefit may or may not be affected by a decision to stop working now. Here's why: Any future..."

Reference: www.aarp.org

It’s going to get easier for some Americans to save for retirement

Title: It’s going to get easier for some Americans to save for retirement

Article Snip: "...Small businesses across the country could use this type of program. Three-quarters of business owners who do not offer a retirement plan said they are not likely to implement one in the next two years..."

Reference: www.marketwatch.com