Many seniors count on state tax breaks to help stretch their retirement income. These tax breaks can mean the difference between a comfortable retirement and one filled with financial stress. But lately, some states are quietly ending or reducing these benefits. If you’re a senior or planning for retirement, you need to know what’s changing. Understanding which tax breaks are going away can help you plan better and avoid surprises. Here’s what’s happening with state tax breaks for seniors—and what you can do about it.
