Aug 11, 2016
“Planning your retirement escape? If warm weather, sandy beaches and low taxes are among your priorities, South Carolina may be a good choice. The Palmetto state has some of the country’s most beautiful shoreline and it is retirement tax-friendly to boot. What makes South Carolina a good choice for budget-conscious seniors? Well, for starters, its cost of living is 4.5% lower than the national average. On top of that it provides a full income tax exemption for all Social Security retirement benefits and a $15,000 deduction for seniors receiving any other type of retirement income!”
Read more from the Source: South Carolina Retirement Tax Friendliness | SmartAsset.com
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