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  2. Tax breaks after 50 you might not know about - AOL

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    This is nothing new, but the Secure Act 2.0 of 2022 has shifted how catch-up contributions will work for the next few years. For the 2024 tax year, if you’re 50 or older, you can contribute an ...

  3. It's True: These 13 States Don't Tax Retirement Income - AOL

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    New Hampshire*. South Dakota. Tennessee. Texas. Washington. Wyoming. *While New Hampshire doesn't tax workers' wages, note that it will tax interest and dividend payments in excess of $2,400 per ...

  4. 10 Most Tax-Friendly States for Retirees, 2018 - AOL

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    These 10 states impose the lowest taxes on retirees, according to Kiplinger's 2018 analysis of state taxes. All of them exempt Social Security benefits from state taxes. Most exempt at least a ...

  5. Living in the 9 States With No Income Tax: Pros and Cons - AOL

    www.aol.com/9-states-no-income-tax-160012147.html

    With no income tax to rely on, the state of Washington charges a higher sales tax to bring in revenue. At 6.5%, the state’s tax rate is among the highest in the nation. Washington does enjoy a ...

  6. State tax levels in the United States - Wikipedia

    en.wikipedia.org/wiki/State_tax_levels_in_the...

    Taxation in the United States. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the ...

  7. I'm Retired. Can I Ever Stop Filing Taxes? - AOL

    www.aol.com/im-senior-ever-stop-filing-130049547...

    People 50 or older can make “catch-up” contributions to their retirement accounts: The 2023 contribution limit for a traditional or Roth IRA is $6,500, up from $6,000 in 2022, but if you’re ...

  8. 5 Taxes That Might Surprise Retirees - AOL

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    If you’re a single person and your combined income is between $25,000 and $34,000, you’ll owe tax on up to 50% of your benefits. But if you earn over $34,000, then you’ll owe tax on as much ...

  9. Do you have to pay taxes on your retirement income? It ... - AOL

    www.aol.com/finance/pay-taxes-retirement-income...

    In general, though, if your provisional income is below $25,000 (or $32,000 for joint filers), your benefits are tax-free. If it falls between $25,000 and $34,000 (or $32,000 to $44,000 for joint ...

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