Expert guides about financial in Michigan from Brevy Care.
Michigan does not tax Social Security, and it's phasing out tax on pensions and other retirement income through 2026.
Michigan's biggest property-tax break for seniors is a refundable credit worth up to $1,900 a year, and you claim it on your state income-tax return even if you owe no tax.
Senior care in Michigan runs from about $5,818 a month for assisted living to roughly $11,969 a month for a private nursing-home room in 2026, according to the CareScout 2025 Cost of Care Survey.