Does Georgia Tax Retirement Income?

Does Georgia Tax Retirement Income?

Have you ever wondered if Georgia is a tax-friendly state for retirees? In this episode, we explore the tax benefits of retiring in Georgia and how they could impact your financial future. From generous retirement income exclusions to county-specific property tax breaks, we break down what makes Georgia a potential haven for retirees.

Georgia offers significant retirement income exclusions—up to $65,000 per person for those over 65, or $130,000 for couples. Social Security benefits are entirely exempt, and property tax breaks, including school tax exemptions, can significantly lower your expenses depending on the county. We also discuss how Georgia's flat income tax rate and lack of inheritance taxes make it attractive for retirees looking to protect their nest egg.

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