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Michigan’s flat state income tax rate rose for 2024 to 4.25%, and the law surrounding the state’s pension deduction also changed, as part of a phaseout of the state’s three-tier retirement ...
For these individuals, the deduction is limited to either the Michigan standard deduction (which is $20,000 for single filers and $40,000 for joint filers) or another calculation, whichever is higher.
The good news is that Montana residents over age 65 can take a new standard $5,500 deduction from their federal taxable income for the 2024 tax year. New Mexico
The State of Michigan provides a pension for all former members of the Michigan National Guard (Army or Air) who meet specific eligibility requirements. [13] To receive the benefit, applicants must have reached age 55, separated from service, and have served a minimum of 19 years, 6 months and 1 day of active service in the State Defense Forces ...
A 2024 Retirement Confidence Survey found that roughly three-quarters of American retirees are concerned that inflation will continue to be high in the coming months. Nearly 70% worry that the ...
(The Center Square) – In the last few weeks of the lame duck session, Michigan Democrat legislators tried to push through a number of expansions to the state pension. Bills in both the state ...
The Michigan Democratic primary was held on February 27, 2024, as one of the earliest races of the larger Democratic primaries. Incumbent president Joe Biden won in a landslide, although he would lose two delegates and over 100,000 votes to the uncommitted option, which was fueled by pro-Palestine protest votes opposing Biden's campaign due to ...
2024 Michigan's 16th House of Representatives district general election Party Candidate Votes % Democratic: Stephanie Young (incumbent) 35,682 : 73.52% : Republican: Brian Duggan 10,803 22.26% Working Class: Linda Green-Harris 2,050 4.22% Total votes 48,535 : 100.0