This video discusses five simple strategies on how to pay no taxes on Social Security by using simple exceptions to Social Security tax rules. This video has the added benefit of help people reduce their traditional income so they pay lower taxes overall.

Social Security Tax Calculation Worksheet:
HolySchmidt.com/SSTax

States that Don't Tax Social Security Payments:
Alabama (no state income tax)
Alaska
Arizona
Arkansas
Delaware
Florida (no state income tax)
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Mississippi
Nevada (no state income tax)
New Hampshire (no state income tax)
New Jersey
New York
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
South Carolina
South Dakota (no state income tax)
Tennessee (no state income tax)
Texas (no state income tax)
Washington (no state income tax)
Washington D.C.
Wisconsin
Wyoming (no state income tax)

Other Important Links:

Free "Retirement Ready" Checklist:
https://holyschmidt.com/checklist/

Federal Reserve Board Survey of Consumer Finances:
https://www.federalreserve.gov/econre...

Social Security Administration Application for Benefits
https://secure.ssa.gov/iClaim/rib

Current Social Security Cost of Living Adjustment
https://www.ssa.gov/cola/

Social Security Payment Estimator
https://www.ssa.gov/benefits/retireme...


THE CHANNEL’S MOST POPULAR VIDEOS

Should You Take Social Security at Age 62 and Invest it?
   • Should You Take Social Security at Ag...  

7 GOOD REASONS to File for Social Security Benefits at Age 62
   • 7 GOOD REASONS to File for Social Sec...  

Average Retirement Savings by Age 60. Are You Almost Ready to Retire?!?
   • Average Retirement Savings by Age 60....  

The BEST AGE to File for Social Security Retirement Benefits
   • The BEST AGE to File for Social Secur...  

3 Social Security "Little Known Facts" That Are REALLY Important
   • 3 Social Security "Little Known Facts...  

Disclaimer: this video is for educational and entertainment purposes only and is not meant to be a substitute for legal, accounting, tax, or professional advice. If you have any specific questions about any legal, accounting, tax or other professional service matter you should consult the appropriate professional services provider.