Episode 114: Taxes on Retirees - What’s New

Senior tax editor Rocky Mengle talks about the latest update of the Kiplinger Retiree Tax Map. Will states with declining revenues make life harder on retirees? Also, the Biden stimulus plan and the hazards of patent scams.   --LINKS-- Biden's stimulus plans: https://www.kiplinger.com/taxes/602110/ways-the-biden-stimulus-package-could-put-or-keep-money-in-your-pocket; AND: https://www.kiplinger.com/taxes/602111/third-stimulus-check-update-when-could-we-get-another-stimulus-check; Kiplinger's State-by-State Guide to Taxes on Retirees: https://www.kiplinger.com/kiplinger-tools/retirement/t055-s001-state-by-state-guide-to-taxes-on-retirees/index.php; Patent scams: https://www.kiplinger.com/business/small-business/entrepreneurship/602077/got-an-invention-dont-fall-for-these-patent-scams; AND: https://www.consumer.ftc.gov/articles/0184-invention-promotion-firms; MORE: https://www.uspto.gov/patents/basics/using-legal-services/scam-prevention  

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Kiplinger delivers timely, actionable personal finance guidance to help you earn, keep, and make the most of your money. Each new episode has down-to-earth insights on saving for retirement, cutting your tax bill, investing for growth and income, maintaining good credit, and much more.