Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

Most Important Financial Benefits For Retirees Offered By Each State

May 11, 2021 · Retirement Life

Perks for golden years

We might not like the fact that we’re aging, but it’s an inevitable process. However, instead of feeling sorry for our lost youth, we should take maximum advantage of the perks and benefits that come along with turning gray-haired.

Some of these perks can be more than welcomed and quite beneficial to your finances, especially when living on a fixed income in retirement. From discounts at supermarkets, drugstores, restaurant chains, and retail outlets to free or reduced fares for transit services, state park access and so on, all states give their seniors the chance to spend as little as possible on taxes, transportation, and recreational activities and enjoy their golden years as they truly deserve.

Let’s have a look at what unique opportunities your state has to offer!

Alabama

– There’s no state income tax on Social Security or payments from defined-benefit plans

– Residents aged 60 and older get tuition waivers at all community colleges

– Discounts for city bus fares in Montgomery and Birmingham

– Residents aged 65 and older don’t need a hunting or fishing license

– Lower yearly passes to state parks for residents aged 62 and older

See also: 26 States That Do Not Tax Your Social Security Benefits

 

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
1 2 ... 18»

Share this article

Facebook Twitter Pinterest LinkedIn Email

One response to “Most Important Financial Benefits For Retirees Offered By Each State”

  1. min aung says:
    April 18, 2022 at 5:45 pm

    California impose tax on Social Security on mine.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • 6 Important Changes to Social Security Benefits in 2026
  • How To Pay Your Taxes With Your Credit Card in 2022
  • 8 Ways To Avoid Retirement Poverty
  • 13 States Where Your Freedom Is Respected
  • 18 Places Where Social Security Is More Than Enough
  • 7 Ways To Budget Your Groceries in Retirement
  • 14 Retirement Cities With Awful Weather
  • 11 States With the Best/Worst Social Security Checks in 2022
  • 10 Best Senior Discounts for 2022
  • 12 States That Tax Social Security Benefits

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

10 Crucial Things to Consider If You Plan on Retiring in the Next 5 Years

When it comes to retirement, people usually start thinking about it years before. This allows…

Read More →

5 Ways Medicare Will Change In 2021

Medicare will change some things this year, so if you’re a senior who relies on…

Read More →

11 Major Costs That Will Most Likely Plunge When You Retire

Most people dream of leaving the workforce and living comfortably in retirement. But when reality…

Read More →

15 Best Deals for Seniors Only at Costco Stores

Boomers, born between 1946 and 1964, are slowly entering retirement. And where do these retirees…

Read More →

8 Ways To Avoid Retirement Poverty

If you’re about to retire, then you probably want to be sure you’ll never be…

Read More →

12 Biggest Retirement Regrets According To Seniors

Are you on the verge of retiring and have you waited too long to come…

Read More →

10 Military Communities Where Vets Can Happily Retire

After serving your country for such a long time in the Army, Navy, Air Force,…

Read More →

Key Things Retirees Wish They Could Tell Their Younger Selves

We cannot go back in time and do things differently, no matter how much we’d…

Read More →

10 States to Retire For Less Than 45K a Year

If you’re considering relocating somewhere else that’s more affordable during your golden years, you’re not…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

  • Home
  • About Us
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Disclaimer
  • Privacy Policy
  • Terms & Conditions
  • Contact

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.