Taxes
How retirement income is actually taxed: when your Social Security benefit becomes taxable, how required minimum distributions affect your bracket, the senior standard deduction, and which states tax retirement income.
We work from IRS and state revenue guidance and date our figures, because thresholds change most years. This is general information — for your own return, use a qualified tax professional.
Latest Articles
10 States Reconsidering Taxes on Pension Income
Discover 10 states reconsidering taxes on pension income and how new legislative exemptions could protect your retirement savings.
10 Ways Inheritance Taxes Vary More Than People Expect
Learn 10 surprising ways state inheritance taxes vary across states, from sibling rates to cross-border real estate rules and exemptions.
11 Things That Change About Your Taxes the Year You Retire
Discover 11 critical tax changes that happen the year you retire, from Medicare IRMAA surcharges to vanishing FICA taxes and new RMD…
9 Things Almost Every Retiree Gets Wrong With Their Retirement Accounts
Avoid these 9 costly retirement account mistakes to protect your savings from surprise taxes, missed RMD penalties, and Medicare premium hikes.
7 Income Sources That Count Toward Provisional Income for Social Security Tax
Discover the 7 income sources that trigger taxes on your Social Security benefits and learn effective strategies to lower your provisional income.
8 Signs Your Combined Income Puts You Above a Social Security Taxation Threshold
Discover the 8 signs your combined income triggers federal taxes on Social Security benefits and practical strategies to lower your tax threshold…
8 Signs Changing Your State Residency Could Lower Your Taxes
Discover 8 clear signs changing your state residency could lower your taxes in retirement, from Social Security taxes to estate rules.
IRS Underpayment Penalty Letter: What Triggers It and What to Do About It
Received an IRS underpayment penalty letter? Learn what triggers Notice CP30 or CP14, how retirees age 62+ can get penalties waived, and…
Retiring in a High-Tax State vs a No-Tax State: Key Differences
Compare high-tax and no-income-tax states for retirement. Learn how income taxes, property rates, sales tax, and Social Security rules impact your income.