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Most Important Financial Benefits For Retirees Offered By Each State

May 11, 2021 · Retirement Life

Wisconsin

– Social Security benefits are not taxed; residents aged 65 and older receive up to $5,000 exemption for retirement plan income with federal adjusted gross income under $15,000, or $30,000 for married couples

– No tuition for auditing classes at University of Wisconsin System campuses for residents 60 and older

– 50% off on Madison’s Metro Transit and discounts on Milwaukee’s transit system for residents aged 65 and over

– $13 annual parking sticker for state parks for seniors aged 65 and over

– $7 general fishing license

A couple standing by a river with grand mountains behind them.
A happy retired couple enjoys fly fishing in Wyoming, where financial benefits support an adventurous lifestyle.

Wyoming

– There’s no state income tax

– Tuition exemptions at the University of Wyoming for residents aged 65 and older

– Seniors aged 65 and over living in Wyoming for minimum 30 years get free Pioneer Fishing, Bird and Conservation Stamp License

– Public transport services provided by various senior centers, generally by donation; 50% discount for fixed-route bus services for anyone with a Medicare card.

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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

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