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Kiplinger magazine has listed South Carolina among the 10 most tax-friendly states for retirees in its September issue.
“The state does not tax Social Security benefits and provides a generous retirement-income deduction when calculating state income tax. State income tax rates are reasonable, and property taxes are very low. Taxes are based on 4% of the market value of the home, and senior homeowners qualify for a homestead exemption,” Kiplinger said in summarizing South Carolina’s tax policy toward people over 65.
Some other points noted by Kiplinger include:
People 65 and over may deduct up to $10,000 in qualifying retirement income, including public employee retirement plans, Keogh plans, IRA distributions and military retirement.
People 65 and over can take a senior deduction of $15,000, for single filers, or $30,000, for married couples filing jointly. However, the $15,00å0 deduction must be offset by the amount taken with the retirement-income deduction.
Retired military personnel 65 and older can deduct up to $10,000 of military retirement benefits.
Retirement and Relocation Tools:
Salary Calculator Compare salaries and more with the help of HomeFair's calculator!
Cost of Living Comparisons Select cities to compare, then calculate equivalents, from home prices to medical
expenses to pet care.
How much will my move cost? Cost of moving to Myrtle Beach? Here's a starting point to estimate the mover's cost to you.
Calculate the Cost of Living in Two Different States - based on your current income.
Relocation Essentials - Are you interested in seeing how your standard of living compares to other locations? Check out our Cost of Living Tool and get the answers immediately.yourcurrent salary, present location and new location to access comparison data in
several general categories.
Find a Mover, Rent a Truck, Find Storage Need estimates before moving to Myrtle Beach?
Cost of Living Wizard With this calculator you can explore cost of living differences, based on various cities, with brief analysis and details about the move.
Compare Myrtle Beach with other cities Find the best places to live. Compare cities to find the best places to work and live..
Crime Statistics Be sure to check the crime rates. Whether you're staying in Myrtle Beach, Garden City Beach, Pawleys Island, North Myrtle Beach, Longs or Little River, you will want to be familiar with crime trends. Also see the question about crime statistics in Myrtle Beach on my FAQ page.
Popular ZIP Codes on the SC Coast:
Myrtle Beach: 29577; Garden City 28576; Surfside Beach 29675; Murrells Inlet 29676; Pawleys Island 29585; Longs 29568; North Myrtle Beach 29582; 29597; 28598 Little River; 29566 ( If you're not certain, check correct address with a google serch.)
Join our Myrtle Beach Message Board. It's a great place to find answers to your questions about moving to Myrtle Beach, to chat with locals and other visitors and even schedule a meet-up to make friends before you move.
Myrtle Beach Awards
2013 - Myrtle Beach voted 21 out of 25 Best USA Destinations by TripAdvisor readers/viewers.
2013 - USA Today - Best Boardwalks for Food across the USA2012 Southern Living featuress South Carolina's 10 Best Seafood Spots, Lee's Inlet Kitchen (Murrells Inlet) and Mr. Fish (Myrtel Beach) are on the list.
2012 Downrown Achievement Awards - Downtown Redevelopment Corporation: Myrtle Beach Boardwalk and Promenade
2012 HomeAway award
Named as a beach hot spot, Myrtle Beach has rejuvenated in the family beach market.
2012 US News & World Report
Awarded Myrtle Beach in the list of Best Affordable Destinations.
TRIP ADVISOR "TRAVELERS' CHOICE" BEACHES AWARDS 2011:
Travelers' Choice awarded Myrtle Beach #1 beach in the US, and #6 beach in the world!
TRIP ADVISOR FAMILY AWARD 2011
TripAdvisor awarded Myrtle Beach as the #1 Best Beach in the United States, and also one of the Top 10 Best in the World.
TRAVEL TICKER: 2011 TOP 5 SUMMER TRQAVEL DESTINATIONS
Myrtle Beach was named one of the "Top 5 Summer Travel Destinations of 2011" in the "Where To Go Now & How Guide" by Travel Ticker, a leading U.S.-based travel portal. The list is based on seasonal trends, travel deals, weather, tourist traffic, entertainment, and culture. Myrtle Beach is described as a "great money-saving destination for families".
SMARTER TRAVEL 2010:
Myrtle Beach - One of ten Best Beach Tows in America.
THE GREAT TOWNS OF AMERICA (2009)
In 2009, authors David and Joan Vokac included Myrtle Beach in their book that highlights the top 100 Great Towns of America. In fact, Myrtle Beach is the only locale in the State of South Carolina to be included in the book.
TRIPADVISOR.COM (2010 and 2009) Myrtle Beach awards)
2012 #3 Best Beach destination in United States
2011 Best Beach in United States
2010 Travelers' Choice:
2010 #1 Beach & Sun Destination in USA
2010 #5 Beach and Sun World
2009 Top Aquariums
NATIONAL ASSOCIATION OF GOLF COURSE OWNERS (2009)
Grande Dunes Resort Club was selected as the 2009 National Golf Course of the Year. Presented annually by the National Golf Course Owners Association (NGCOA), Grande Dunes is the second Myrtle Beach area course to receive the national honor.
TRAVEL AND LEISURE MAGAZINE 2010 and 2009:
2010 - America's Best Beach Boardwalks
2009 - Top 500 World's Best Hotels
Travel and Liesure editors named Myrtle Beach Marriott Resort and Spa at Grande Dunes to their 2009 ranking of the Top 500 World's Best Hotels.
YAHOO! TRAVEL AND NATIONAL GEOGRAPHIC TRAVELER MAGAZINE
A recent survey of more than 2,200 travelers ranked Myrtle Beach #2 of a list of Top 10 Beaches, ahead of Waikiki and St. Thomas . Results of the survey and video highlights are posted on the Yahoo! Web site and were published in National Geographic Traveler. The qualities most important to beachgoers were cleanliness, scenery, climate, water temperature, and romance, in that order.
WHERE TO RETIRE MAGAZINE
named the Myrtle Beach area one of the 100 Best Retirement Towns in America. Editors traveled to all 50 states to compile the list. The magazine cites the Myrtle Beach area for its low cost of living and calls it one of the best beach towns in the nation. The Myrtle Beach area was named one of the nationâ?s top vacation spots for retired Americans age 55 and older, according to a study by tourism researchers D.K. Shifflet & Associates. The company also ranked the Myrtle Beach area No. 5 in the nation for leisure destinations.