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

New Mexico

– Tax waiver for up to $8,000 if income does not exceed $51,000 for joint filers and $28,500 for individual filer for residents 65 and older; exemption of 100% of their income for residents 100 and older

– $5 per credit at public educational institutions, limited to six credits per semester for residents 65 and older

– Discounted fishing licenses for residents ages 65-69; free fishing licenses for residents 70 and older; discounted hunting licenses for residents 65 and older

– residents 62 and older enjoy a $100 annual camping pass

– Discounts and specials on Rio Metro buses and trains; free trips on New Mexico Rail Runner Express commuter express train on Wednesdays for residents 62 and older

A senior couple looking out a large window at a city skyline.
A senior couple enjoys coffee while admiring the iconic New York City skyline from their home.

New York

– Social Security income is not subject to state tax; exemption for pension or annuity income up to $20,000 for residents older than age 59.5

– No tuition for classes at City University of New York schools and many State University of New York schools

– Half off for New York City MetroCards for residents 65 and older; discounts for transport by Long Island railroad, Metro North trains, and most bus systems in the state

– Free vehicle parking at state parks, boat launches, and arboretums during the week, as well as discounts for golf courses, through New York’s Golden Park program for citizens 62 and older

– Seniors aged 70 and older pay $5 for their hunting and fishing licenses

A senior man swinging a golf club on a green course.
A senior golfer enjoys a sun-drenched morning on a beautiful course nestled within North Carolina’s scenic pines.

North Carolina

– Social Security is not taxed

– There’s no estate tax

– Free classes of audit at North Carolina State University and University of North Carolina

– Low-cost bus rides in Fayetteville, Charlotte, Raleigh/Durham/Chapel Hill, Greensboro, and most regional buses

– Hefty discounts for lifetime hunting and fishing licenses

– Discounted fees for access to state parks for residents aged 62 and older

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

  • A senior woman looking thoughtfully at her phone in a bright, modern home office. 6 Social Security Scams You Need to Pay Attention to
  • A happy retired couple enjoying the sunset on a beautiful porch. 8 States to Retire For Less Than 45K a Year
  • A retired couple looking at a map on a sunny balcony overlooking a beautiful coastal town. 10 Countries to Retire Where $150K Is More Than Enough
  • A happy retiree working on a laptop on a sunny patio, symbolizing flexible part-time work. 20 Great Part-Time Jobs For Retirees
  • A senior couple smiling while looking at a tablet in a bright, modern kitchen. 5 Crucial Medicare Changes Coming Soon
  • A senior couple happily unpacking groceries in a bright, modern kitchen. 9 Ways to Shop at Costco Without a Membership
  • A happy retired couple stands on the porch of a beautiful, sunny home, symbolizing an affordable and joyful retirement. 10 Best Places to Retire That Won't Break the Bank
  • An older man confidently using a laptop in a sunlit home office, symbolizing digital security. 7 Common Passwords To Avoid
  • A retired couple looking out a window in their bright, downsized modern home. 11 Mistakes to Avoid When Downsizing Your Home
  • A retired couple smiling on a balcony overlooking a scenic coastal village at sunset. 12 Best Countries to Live Perfectly Well on Social Security

Newsletter

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

Related Articles

Top 13 Retirement Destinations of 2020

11. Colorado Going back to the $300 dollar range, in Colorado seniors could pay around…

Read More →

30 Things That You Really Don’t Need as a Retiree

FILES If we were to follow experts ‘advice, we should organize important files into four…

Read More →

7 Most Atrocious Nursing Homes In America

In conclusion Something to also consider when looking for a center is we shouldn’t just…

Read More →

13 Truths About Retirement No One Wants To Talk About

Your golden years may come with some unexpected issues if you haven’t managed to plan…

Read More →

11 Countries to Retire Where $150K Is More Than Enough

Portugal Portugal is people’s favorite destination, and more people are deciding to move there every…

Read More →

11 Mistakes Every Senior Makes When Downsizing Their Home

Leaving no room for guests Downsizing your home might mean moving over from a big…

Read More →

10 Do’s and Don’ts You Have to Consider Before Moving During Retirement

A professional advisor reviews financial growth charts with a smiling couple to plan their successful…

Read More →

Are Your Retirement Savings Safe? 6 Surprises That May Derail Your Retirement Plans!

Millennials who won’t move out A survey by Country Financial Security Index found that 1…

Read More →

Avoid These 20 Cities If You Want a Worry-Free Retirement

Discover the worst cities for retirees based on cost of living, taxes, crime, and healthcare…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

About Us

Editorial Policy

Advertiser Disclosure

Frequently Asked Questions

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.