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Finances 50+

Then we have a treat for you!
By Natalie Missakian
State retirees paid into Social Security throughout their working lives and now count on it to make ends meet. What they don’t appreciate is having to pay state taxes on that vital retirement money. But Utah is one of 13 states that tax Social Security income.
When Montana’s Legislature convenes its biennial session on Jan. 7, lawmakers will address several critical priorities for 50-plus residents.
Kansans who aren’t able to put money away for retirement through payroll deductions at work may soon have another way to save.
As you reach retirement, it’s time to start planning who will receive the fruits of your labor by drawing up a legal document known as a last will and testament.
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