Carolina Retirement Income Taxes

 

Real Estate Costs Retirement In The CarolinasAnother highly variable factor eating into your Carolina retirement fund is income tax.

Some states have no state income tax, however, they may have high costs of living which offset the gains.

Another advantage to Carolina Retirement or relocating is that in both North Carolina and South Carolina, Social Security benefits are exempt from taxes.

Take a careful look at all the tax factors before deciding what cities and towns make up the list of your Best Places for Carolina Retirement.


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Read my article, “Taxes in the Carolinas” for more information on taxes in North Carolina and South Carolina.

More Articles on Retirement Planning:


north carolina and South Carolina Best PlacesAbout The Author

Robert Bencivenga is a professional site locator and location analyst for major corporations. Robert researches the growth of NC and SC to find the Best Places to Retire or Relocate that are still affordable.

Robert Does Not Sell Real Estate!
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