41 States That Don't Tax Social Security Benefits
Social Security benefits are one of the most impactful income sources for retirees. As of December 2024, over 51 million Americans received retired worker benefits, with many relying on them for a chunk or all of their retirement income.Unfortunately, Social Security benefits are still considered income and may be subject to taxes. If you're currently receiving or will be receiving Social Security retirement benefits soon, below is what you should know about which states may subject you to taxes and how Uncle Sam deals with it on the federal level.Image source: Getty Images.Continue reading
Social Security benefits are one of the most impactful income sources for retirees. As of December 2024, over 51 million Americans received retired worker benefits, with many relying on them for a chunk or all of their retirement income.
Unfortunately, Social Security benefits are still considered income and may be subject to taxes. If you're currently receiving or will be receiving Social Security retirement benefits soon, below is what you should know about which states may subject you to taxes and how Uncle Sam deals with it on the federal level.
Image source: Getty Images.
