If you’re retired in Connecticut, there’s some good news that could directly impact your wallet. Many seniors are now paying little to no state tax on their Social Security benefits—and in many cases, that tax bill has dropped to zero. Thanks to expanded income thresholds and phased-in exemptions, the Connecticut Social Security tax exemption now applies to a majority of retirees. That means more of your monthly benefit stays in your pocket instead of going to the state. For seniors living on fixed incomes, this shift can make a meaningful difference in covering everyday expenses.
