Transferred use of the surname derived from the Old English lÄah (wood, clearing, meadow), lee has the meaning dweller by the wood or clearing.. In Middle English, the spelling lÄah evolved to leigh, legh. Lee is popularly used as a name element in combi. From A World of Baby Names by Teresa Norman.
Arkansas is a relatively tax-friendly state for retirees. Social Security is totally exempt from the stateâs income tax. Arkansas also offers seniors a deduction of $6,000 for other types of retirement income like income from pensions or income from an IRA.
Contributions to an Arkansas 529 plan of up to $5,000 per year by an individual, and up to $10,000 per year by a married couple filing jointly, are deductible in computing Arkansas taxable income. Contribution deadline is December 31, and state must receive it by a specified date following December 31.