What Are Alabama Tax Laws for Retirement and Social Security?

What Are Alabama Tax Laws for Retirement and Social Security?

Article Excerpt: "Most states impose an income tax on their residents, and many state income tax systems treat retirees the same way the federal government does, taxing much of their retirement income. Alabama, however, has several favorable provisions that treat retirees better than the IRS. Let's look at some of the most important ways that Alabama deals with retirees for state income tax purposes. Alabama is a generous state to retirees and older residents. With a variety of tax breaks, the state seems to encourage older residents to come and stay within its borders. ..."

Resource: www.fool.com

Alabama is a great State for Retirees, Best States for Retirees, Beautiful States, Conservative States, Low Crime States, Low Cost of Living States,

MORE READING ON ALABAMA:

"Alabama Road Trips: 52 Ideas To Get Away" Book; “Alabama Road Trips: 52 Ideas To Get Away” Book - Walk the silver sands of Alabama’s Gulf Coast beaches. Tour the legendary Muscle Shoals Sound Studio that the Rolling Stones called “rock’n’roll heaven.” Eat some of the country’s best food in Birmingham or visit America’s most important civil rights sites in Montgomery and Selma. This great book, fully revised in 2019, provides a year full of Alabama adventures, and is a must for any traveler; 2019.