Committee advances bill that removes income tax from military retirement

Committee advances bill that removes income tax from military retirement

(The Center Square) – A bill that would exempt military retirement benefits from Georgia's income tax was greenlighted by the Senate Finance Committee.

Retirement Tax Implications - DWC CPAs and Advisors

Retirement is often viewed as an opportunity to travel, spend time with family or simply enjoy the fruits of a long career. Yet the transition may bring a tangle of tax considerations. Planning carefully can help you minimize tax bills. Below are four steps to take if you’re approaching retirement, along with the tax implications. 1. Consider Your Post-Career Lifestyle Begin by assessing what retirement might look like for you. For example, will…