Gov. Whitmer's Plan to Repeal the Retirement Tax

Statement

Today, Governor Gretchen Whitmer proposed a repeal of the retirement tax in her State of the State address. Rolling back this tax on retirement income, including pensions, 401(k) accounts, and IRAs would save half a million households $1,000 a year.

"Repealing the retirement tax will put Michiganders first and save half a million households $1,000 a year," said Governor Whitmer. "Michiganders who have worked hard, played by the rules, and budgeted for their whole lives should be able to retire and keep all of their hard-earned dollars. Putting money back in the pockets of retirees will help them afford the essentials from prescriptions, rent, utilities, car payments, to gifts for their grandkids."

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