If you actually decide to move to Michigan, good for you! All retirees here benefit from a low-income tax rate. Plus, there are literally no taxes on your Social Security benefits, so you’ll be able to allocate that money to something else, like a well-deserved vacation. There’s a downside, though… Michigan’s residents have to pay 6 percent in sales tax.
Palmetto State has a pretty low property tax rate. Relocating here will also free your Social Security benefits from taxes; however, you should also consider the fact that South Carolina’s income tax rate is actually the second-highest on this list.
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