Hello, fellow financial explorers! Today, we’re diving into the fascinating world of credit scoring, with a particular focus on the superstar of the game: the
RETIREMENT BENEFITS TAXED?
When you retire your PSERS pension is subject to federal income taxes. However, you will no longer have to pay the PA and local taxes so long as you continue to live in Pennsylvania. If you are thinking of moving after you’ve retired, be sure to check with that state to see if retirement benefits are taxed.