The state budget signed June 27 by Gov. Gavin Newsom exempts $20,000 of uniformed service retirement pay or survivor benefit ...

If you rely on military retirement income, discover the 13 states that continue taxing those benefits and what that means for your future retirement plans.

Illinois, Iowa, Mississippi, and Pennsylvania are considered to be the most tax-friendly states for retirees. Thirty-eight states don't tax Social Security income. Thirty-seven states don’t tax most ...

Where you live when you retire, doesn't have to be where you live when you are retired. If you're thinking about moving, one important consideration is taxes. Here's a short guide to help you decide, ...

If passed, the Service Members Tax Relief Act would eliminate federal income tax on all active-duty and reserve pay, as well as military bonuses.

Image Credit;Sean Pavone / Shutterstock. For retirees, one of the smartest ways to stretch a fixed income isn’t about cutting back, it’s about choosing where to live wisely. Taxes can quietly eat away ...

Rep. Mike Levin is asking Gov. Gavin Newsom to eliminate all state income taxes on military retirement pensions. The California Democratic’s letter to the governor, which he sent Monday, comes just ...

Taxpayers 67 and older can now exclude $24,000 in retirement income on their state taxes. In many cases, retirees won't pay state income taxes as all, similar to attractive states like Florida.

Where you live when you retire could make a meaningful difference in how much of your money you're allowed to keep.

Distributions from retirement savings accounts and Social Security income are taxed differently in most states. Even in states that do tax retirement income, it’s possible that senior residents will ...

Most people understand that paying taxes is just part of living in a civil society. Still, forking over this money is a drag. Never even mind the fact that it's money you could personally put to ...