|
If you’re planning to move out of California in retirement, whether to save money, explore new surroundings, or be closer to family, it’s important to evaluate several factors both before moving and making several notifications.
First, consider all types of taxes. Income taxes, property taxes, and sales taxes differ widely across states. Some states, like Florida, Texas, and Nevada, don’t tax pension income at all. Other states provide partial tax breaks on retirement distributions and Social Security. Want to know which states don’t tax pensions?
Read more HERE.
|