19 States Prepared to Weather Social Security Cuts

States with Favorable Demographics and Aid Programs

* Utah, Alaska, Texas:
* Younger populations with fewer seniors
* Lower percentages of Social Security recipients
* Robust state-based aid programs for seniors

States Exempting Retirement Income from Taxation

* Illinois:
* Flat 4.95% income tax, but retirement income is exempt
* Iowa:
* Retirement income from 401(k), 403(b), and 457(b) plans is exempt for residents 55 and older
* Mississippi:
* Retirement income, pensions, and annuities are generally exempt from state income tax
* Pennsylvania:
* Retirement benefits are exempt from state tax, excluding income from annuities

States Exempting All Income from Taxation

* Alaska
* Florida
* Nevada
* New Hampshire
* South Dakota
* Tennessee
* Texas
* Washington
* Wyoming

States Offering Excellent Senior Benefits

* Virginia:
* Excellent healthcare options, senior living facilities, and low taxes
* Hawaii:
* High average household income for seniors, low healthcare costs, and tax exemptions for Social Security income
* Georgia:
* Exceptionally low healthcare costs, low taxes, and senior-friendly policies

By planning ahead, residents of these states can mitigate the potential impact of Social Security benefit reductions or changes.