5. Maryland
This state doesn’t tax Social Security benefits, and that’s amazing. If you are 65 or older, you may be eligible for a healthy extension on 401(k), 403(b), and 457 plan distributions, as well as income from public and private pensions.
If you’re thinking about taking out a line of credit, then you should know that there is one available for seniors ($1,000). If your income is lower than $100,000, credits are as follows: a credit of $1,750 for joint filers, surviving spouses, and ahead-of-household seniors with a federal AGI of $150,000 or even less. Sales taxes are low in Maryland too.
And if you are 100 years old, you can exclude up to $100,000 of income from tax.
Any American drawing Social Security, Military Retirement, Post Office Retirement, etc… have lived in this country and turns (80) eighty should not pay no sales, property, state, city, gasoline, or any other taxes. NO TAXES AFTER (80) EIGHTY.
Hmmmm, all blue states….
Posts seem to disappear on here. Not worth writing them if they disappear.
This site is a waste of time. The censors cut out perfectly legitimate comments!
NEW HAMPSHIRE! No sales tax so the property owners support the state. Stay away!