Where to Retire by John Howells & Teal Conroy

Author:John Howells & Teal Conroy
Language: eng
Format: epub
Publisher: Globe Pequot
Published: 2019-09-06T16:00:00+00:00

ALABAMA

This is one of the nation’s most active states when it comes to seeking out retirees and creating a welcoming environment for them. According to state officials, over the past several years, Alabama’s share of retirement immigrants has increased dramatically. Part of the credit is due to a state-funded program called Alabama Advantage for Retirees, which works intensively at getting the news out about retirement opportunities within the state.

Alabama Tax Profile

Sales tax: 4% to 12%; drugs exempt

State income tax: 2% to 5%

Income brackets: lowest, $500; highest, $3,000

Property taxes: homeowners 65 and over exempt

Social Security taxed: no

Pensions taxed: most pensions exempt from taxes

Inheritance tax: no

Gasoline tax: 18¢ per gallon, plus possible local taxes

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.