Wednesday, September 23, 2009

Tax Friendly Places to Retire

While this article may no directly apply to the students of this class, it is still a very interesting concept to read about. Most people never consider the taxes in a area in which they plan to relocate. Therefore, part of this article does apply to the our class, in which many of the students will graduate this year and possibly relocate for graduate school or other reasons.

The article outlines the different tax guidelines to many states. There is a discussion of sales tax, property tax, etc. One interesting concept was also that many states do not charge tax on Social Security - something very valuable for potential retirees to look at. Overall, this just shows how much there truly is to consider for all who decide to relocate, for whatever reason.

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