State taxes can quickly shrink your hard-earned pension checks. Fortunately, lawmakers across the country are cutting or eliminating these taxes to keep retirees from moving away.
Several states have recently passed major reforms to exempt your retirement annuities and defined-benefit distributions. Others are actively debating bills that could put thousands of dollars back into your budget.
Understanding these legislative shifts helps you protect your retirement cash flow. Here is a look at ten states reconsidering pension income taxes and what these changes mean for you.
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