South Carolina's Hidden Retirement Tax Advantages: What Most Retirees Are Still Missing

ClearPath Retirement Planning's Stewart Smith, LUTCF®, RICP®, and Mitch Davies break down the retirement tax advantages most people in South Carolina don't know they're missing, even after they've moved here.South Carolina is strategically tax-friendly for retirees. But those benefits don't happen automatically. The IRS isn't going to call you. And if no one has walked you through this, you could be paying more than you need to every single year.On this episode of ClearPath Retirement Radio, Stewart and Mitch walk through the specific advantages available to retirees in the Upstate and across South Carolina: → No state tax on Social Security income → The $15,000 per person retirement income deduction on IRAs, 401(k)s, and pensions → The 4% primary residence property tax rate — and why most people aren't getting it → The homestead exemption at 65 — $50,000 off your assessed value, but only if you apply → No state estate tax and no inheritance tax → Why withdrawal order determines whether you capture these benefits or leave them on the table → Mitch's Market Minute: Where the S&P and Nasdaq stand and what's driving the pullback from all-time highs.Timestamps: → 0:00 - SC Tax Advantages Overview → 2:40 - Retirement Income Deduction & Social Security → 5:00 - Property Taxes: The 4% Primary Residence Rate → 6:14 - Homestead Exemption at 65 → 7:39 - No Estate Tax or Inheritance Tax in SC → 9:00 - State Income Tax & What's Changing → 10:10 - Why Withdrawal Order Matters → 24:00 - Mitch's Market Minute → 40:00 - The 4% Application Process — What Most People Miss → 46:00 - Homestead Exemption: You Have to Apply → 48:45 - How ClearPath Can HelpIf you've moved to South Carolina for the tax advantages — or you've lived here your whole life — this episode may show you money that was right there the whole time. Reach out to the team at ClearPath Retirement to find out if you're actually getting everything this state offers.Ready to stress-test your retirement plan?ClearPath Retirement Planning helps retirees and pre-retirees in the Upstate SC and Columbia areas create tax-efficient retirement income strategies. 📍 300 Executive Center Drive, Suite 104 | Greenville, SC 29615 📞 (864) 775-5033Schedule your complimentary consultation today at www.clearpathretirement.com Subscribe & Connect: YouTube: @ClearPathRetirementPlanning Facebook: https://www.facebook.com/ClearPathRetirement LinkedIn: https://www.linkedin.com/company/clearpathretirementImportant Disclosure:Investment advisory services offered through Alphastar Capital Management, LLC, a SEC-registered investment adviser. SEC registration does not constitute an endorsement of the firm by the SEC nor does it indicate that the adviser has attained a particular level of skill or ability. Fixed insurance products are offered through Clearpath Retirement Planning, LLC and Alphastar Capital Management is not involved in the offer, recommendation, sale or management of commission-based fixed Insurance products. Alphastar Capital Management and Clearpath Retirement Plannin...