Delaware Increases Military Pension Tax Exemption

Delaware Veterans Celebrate Passing of SB219

(DOVER, Del) – Delaware veterans are celebrating the passage of Senate Bill 219. It’s a nonpartisan bill meant to help increase income tax exemptions for retired military personnel. The bill, which guarantees income tax exemptions up to 25 thousand dollars by 2029 has been in discussion for several years at Legislative Hall. And Delaware Secretary of Veterans Affairs and Retired...

Delaware increases military pension tax exemption

Delaware will increase its military pension tax exemption from $12,500 to $25,000 by 2029, under Senate Bill 219. The law applies to all military retirees regardless of age and begins phasing in during the 2027 tax year.

Military Pension Tax Exemption Signed Into Law, Celebration Event Set for Wednesday in Dover

Dover's Air Mobility Command Museum will be the site Wednesday afternoon at 1pm to celebrate the signing of legislation that will increase Delaware's state income tax exemption for military retirement pay. Senate Bill 219 was sponsored by Senator Eric Buckson and Representative Jeff Hilovsky – it increases the amount of military pension income that can be excluded from Delaware taxable income, regardless of the retiree's age.  Governor Matt Meye…