2. Choose the right investment accounts You have plenty of options for places to live where your local government won’t take a portion of your hard-earned benefits. Source fredericksburg.com
1. Be smart about where you live Your options for reducing your tax bill will depend on your situation. But there are two main steps you can take.
If you live in one of the states that taxes your Social Security income, the easiest way to save on your tax bill is simply to move to a different location in retirement. How can you reduce your tax bill?
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