Social Security Checks in 9 States Slashed by Up to $200 Starting September Due to New Tax Hike
Starting September 2024, Social Security recipients in nine states—Colorado, Connecticut, Minnesota, Montana, New Mexico, Rhode Island, Utah, Vermont, and West Virginia—could see their monthly benefits drop by as much as $200. This is due to a combination of new state-level income tax hikes and the rising cost of living adjustments (COLA) not fully offsetting these…