Decide whether to stay in Georgia, move to Tennessee or split time, with the tax effect of each.
vIEW CASE STUDYGeorgia residents can deduct contributions to Georgia's 529 plan within state limits.
Georgia excludes a portion of retirement income, such as pensions, IRA and 401(k) withdrawals, interest and dividends, from state tax for residents age 62 and older, with a larger exclusion from age 65. Social Security is not taxed by Georgia. Each spouse can qualify separately. Integra Wealth plans withdrawals and Roth conversions to use the exclusion each year.
From Ringgold or Fort Oglethorpe, take I-75 or US-27 north into Chattanooga and exit toward the Southside.