Category: Uncategorized

State Tax Recap: Updates From 3 States on Exempting Military Retirement Pay

By MOAA Staff MOAA National serves in an advisory capacity for state-specific issues such as income tax exemption. Please contact your local MOAA council as state legislation must originate at the state level.   Military retirees and surviving spouses in New Mexico will benefit from a tax bill signed into law March 6, while lawmakers in Maryland and […]

New State Tops Annual List of Best Places for Military Retirees

Looking at relocation in retirement? One online analysis suggests considering the Palmetto State. (Photo by Daniela Duncan/Getty Images) South Carolina took over the top spot in the annual ranking of best states for military retirees by the financial advice website WalletHub, with 2023 winner Florida and 2022 champion Virginia rounding out the top three finishers. The list […]

Where Will Your Cost-of-Living Adjustment Land in 2025?

After a slow start to the fiscal year, the index which will set the cost-of-living adjustment (COLA) for military retirees, Social Security recipients, and others has risen sharply in recent months, and now outpaces last year’s inflation track. [RELATED: MOAA’s COLA Watch] Should this trend continue, retirees could expect a higher adjustment than the 3.2% received […]
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