States Tax Social Security Benefits: How to Avoid Paying Taxes on Your Social Security Money and Which States Tax Benefits

DENVER, Colorado – Social Security beneficiaries received a significant cost-of-living adjustment, the largest in four decades, in 2023. However, this increase in payments might result in a financial hit during tax season. While federal taxes on Social Security income are a known fact for retirees, it’s essential to be aware that some states also impose taxes. Around a dozen states are currently taxing Social Security benefits, but this number is expected to decrease in the …

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Social Security Tax-Free States in 2024: Which States Will Save You Money?

Austin, Texas – With Social Security being a vital component of retirement income for many Americans, it is crucial to understand how different states handle the taxation of Social Security benefits. In 2024, 41 states have policies in place that exempt Social Security income from state taxation, providing financial relief to retirees. While these policies vary by state, they can have a significant impact on retirees’ overall financial well-being. Social Security benefits play a critical …

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Elder Care Revolution: PACE Program Gains Momentum in Multiple States for Nursing Home Alternatives

Chattanooga, Tennessee – George Raines, a spirited senior in a University of Alabama ballcap, engaged in physical therapy exercises with therapist Brad Ellis at Ascension Living Alexian PACE in Chattanooga. This facility offers medical care and services to individuals over 55 who require nursing home-level care but can still reside at home with support. Most clients at PACE centers are dual-enrolled in Medicaid and Medicare, with some utilizing private insurance. These PACE centers, operated by …

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Withdrawal Liability Ruling in Favor of Employers in Central States Pension Fund Case

Chicago, Illinois – In a groundbreaking ruling, the U.S. District Court for the Northern District of Illinois made a significant decision regarding the calculation of withdrawal liability payments for employers. The court found that a pension fund cannot include post-2014 contribution rate increases, made as part of a rehabilitation plan, when determining an employer’s withdrawal liability payment amount. This ruling is a major win for employers facing inflated withdrawal liability demands. The case, Central States, …

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Message Shifting to States: The Battle Over Abortion Policy Reshapes Republican Strategy

Phoenix, Arizona – Republicans are struggling to find a winning message on abortion as the political landscape shifts following the resurrection of an 1864 law that nearly bans all abortions. Former President Donald Trump’s attempt to deflect the issue by leaving it to the states backfired when Arizona enacted strict abortion regulations, catching many in the party off guard. Republican consultant Stan Barnes expressed surprise at the fallout from the decision, highlighting the challenge facing …

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Solar Eclipse 2024: Rare Phenomenon Over Midwestern States Entices Skywatchers

Chicago, Illinois will witness a rare astronomical event on Monday afternoon as a total solar eclipse is set to occur, captivating sky gazers in the city. This phenomenon, which will cover approximately 94% of the sun in Chicago, is a once-in-a-lifetime experience that won’t be seen in the U.S. for another 20 years. According to Michelle Nichols, director of public observing at the Adler Planetarium, this solar eclipse is particularly significant as future eclipses visible …

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Authorization Fight: States Battle Insurers for Patient Care

Tucson, Arizona – Amina Tollin, a 40-year-old woman, has been grappling with a chronic nerve condition called polyneuropathy for years, causing her debilitating pain that required her to use a wheelchair. With a monthly cost of $18,000 for each session of blood infusion therapy prescribed by her doctor, Tollin found relief until Medicaid ceased coverage, halting her treatments. This interruption was a result of a common practice called prior authorization, where insurers require approval before …

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Tornadoes and Storms Cause Devastation Across Multiple States, Leaving One Dead and Many Injured

Louisville, Kentucky – A deadly storm system wreaked havoc across multiple states in the South and Ohio Valley, leaving a trail of destruction, injuries, and at least one fatality. Kentucky Governor Andy Beshear reported that a young man lost his life in a car accident in Campbell County due to the brutal storms that struck the state. Beshear expressed his condolences, emphasizing the gravity of the loss and the need for prayers for the victim …

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Tornadoes and Snowstorms Cause Chaos Across Multiple States

Hanging Rock, Ohio – Severe weather wreaked havoc in multiple states, leaving a trail of destruction and chaos in its wake. As storms battered through Ohio, Pennsylvania, Kentucky, Mississippi, Alabama, Tennessee, West Virginia, Virginia, and Georgia, thousands of homes and businesses were left powerless. The deadly weather system also resulted in the tragic death of a homeless woman in Tulsa, Oklahoma, who sought refuge in a drainage pipe as heavy rain poured down. In the …

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Retirees Beware: 10 States Taxing Social Security in 2024 Revealed

Miami, Florida – Retirees across the United States are faced with the decision of where to settle down in their golden years, considering factors such as tax implications, cost of living, and overall quality of life. As America’s aging population looks to maximize their Social Security benefits and stretch their retirement savings, the choice of state can play a significant role in determining their financial well-being. According to a recent survey by The Charles Schwab …

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