Live Breaking News & Updates on Military Retirement Pay

Stay updated with breaking news from Military retirement pay. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

New Bill Would End California Tax on Military Pensions

California fully taxes military retirement pay but a new bill would change that to provide tax relief to military retirees. Military retirees residing in California potentially pay more taxes on their military retirement pay than they would in other states. That’s because California is the only U.S. state that fully taxes military pensions. (The District of Columbia does as well.) But proposed legislation would exempt military retirement income from California state income tax — at least for the ....

District Of Columbia , United States , Jeffrey Breiten , Gavin Newsom , Us Census Bureau , California Assembly , Officers Association Of America , D San Bernardino , California Tax Exemption , Survivor Benefit Plan , California Franchise Tax Board , California Council , Chapters Affiliated Military Officers Association , Officers Association , Military Retirees , Military Retirement Pay , California Franchise Tax Board , Military Pensions , State Income Tax , Assemblymember Jamesc Ramos ,