[FtrPilot]

As Tell It Right states, "Georgia has a $65K per person income deduction for retirees." So, if either spouse has retirement income above $65K then it is taxed. For example, if one spouse has retirement income of $75K and the other spouse has retirement income of $45K, then $10K would be taxable. However, Georgia exemptions and deductions still apply. Tax on $10K would not be very much.

Another tax break for seniors is the school tax exemption in some Georgia counties where people over 62 or 65 don't pay school taxes that would be included in property taxes.

Here's a link that covers counties in the Atlanta area:

Tax Breaks for Seniors

[Tell It Right]

Hi, FtrPilot. Thanks for the info. You seem to break down the $65K income deduction for married retirees as though it applies to them individually. In your example the $10K that's taxable one spouse's income is $75K.

That makes me want to convert all of mine and my wife's 401K money to Roth IRA's before I move to Georgia if I do move there in retirement. Since my wife and I will retire in different years, she before me, I plan to convert a huge chunk of her 401k each year to her Roth IRA -- as much as I can each year w/o going into a higher federal tax bracket. Then later when I retire do the same with my 401K.

But that means the first few years I'm retired I'll have a large taxable income for myself -- well past $65K. Hmmmm...of course I plan to retire in my late '50's anyway so I guess it won't matter. By the time my wife and I are 65 the only taxable income we'll have will be two pensions (which are taxable in Georgia, but neither over $65K) and each of us having SS (which is not taxable in Georgia). I should be done with Roth conversions even before we turn 62 (the lower Georgia income reduction for seniors).