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Retirees in 11 states are losing money to state and local taxes

State and local taxes — including on Social Security benefits, retirement account withdrawals and property — can meaningfully reduce fixed retirement incomes.

Published Aug 21, 2026, 1:28 PM EDT | LehighValleyLive

Retirees know all too well about how federal tax rates can impact their bottom lines. But many don’t consider how state and local taxes can have a major effect on their finances.