August 26, 2025 - The most tax-friendly states for retirees aren’t just those with no income tax. They are the ones where Social Security, retirement withdrawals, property, and sales taxes align with your income mix. As of 2025, nine states still tax Social Security benefits, while most others fully exempt them; recent eliminations in Missouri, Kansas, and Nebraska boosted retiree-friendliness.

October 20, 2025 - Mississippi, but other types of income (including early withdrawals from retirement accounts) are still taxable. However, the income tax rate on taxable income is low, and it is set to decrease in the coming years. Tax on Taxable Income: Flat 4.4% tax rate for 2025 · (Note: Mississippi’s income tax rate will gradually decrease until it reaches 4% in 2026.) ... More: The Most Tax-Friendly State for Retirement.

April 14, 2025 - Some of the most tax-friendly states for retirees include Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, and Wyoming. Each of these states has no income tax, giving them an advantage over most other states.

However, eight states — Arizona, Arkansas, Hawaii, Montana, New Mexico, North Dakota, South Carolina, and Wisconsin — tax capital gains at lower rates than ordinary income.3 When looking into the best states to retire for tax purposes, it is important to consider capital gains taxes if ...

Looking at the retirement landscape through a tax lens, where you retire can have a big impact on your spending power and quality of life. This view of State by State Tax Comparisons was created specifically to assist you in your estate plan process.

5 days ago - You may also consider deducting ... Deduction. Save money on taxes by minimizing federal and state income taxes, bringing in nontaxable income, and maximizing passive income. Consider this list of 22 retirement friendly states based on several key financial factors:...

States that either have no state income tax, no tax on retirement income, or a significant tax deduction on retirement income. In addition, states in this category have friendly sales, property, estate and inheritance tax rates. ... States that do not tax Social Security income and offer an ...

3 weeks ago - Retire to tax-friendly states like Florida or Wyoming to maximize your spending power. Consider all taxes, including sales and property, when choosing your retirement state. Factor in lifestyle and proximity to family alongside tax benefits before relocating. The $23,760 Social Security bonus most retirees completely overlook › · The best states to retire for tax benefits are the ones that offer a range of lower taxes -- or none at all -- on income, property, sales tax, or inheritance.

October 30, 2025 - Within these categories were 46 secondary metrics, such as share of population age 65 and older, quality of public hospitals and general tax friendliness. Florida has sun and sand, yes. But it also has the third highest percentage of older residents and plenty for them to do. And then there’s what it doesn’t have: state income, inheritance or estate taxes. “There’s a lot of talk in Florida now about doing away with property taxes, which would make it even more appealing to retirees,” said Chip Lupo, a WalletHub analyst, though he cautioned that high prices are spurring some retirees to look elsewhere.

Every week, we release a new tax map that illustrates one important measure of state tax rates, collections, burdens and more.

May 13, 2022 - To help with your pre-move research, click on the link above the map, then click on any state in the map for a detailed summary of state and local taxes on retirement income, real property, every-day purchases, and more. We’ll also point you to special state tax breaks for seniors. Then, link to more content about state taxes on retirees, including Kiplinger’s picks for the 10 most tax-friendly and the 10 least tax-friendly states for retirees.

Please go to the Kiplinger site for the clickable map] for a detailed summary of state taxes on income, property, and everything you buy. View additional maps below, including our picks for the 10 most tax-friendly and the 10 least tax-friendly states in the U.S. (Retirees, visit our Retiree Tax Map to learn how each state taxes different kinds of retirement income and to discover special tax breaks for seniors.)

September 20, 2023 - NYS Pension Taxation Requirements By State Will Your NYS Pension be Taxed If You Move to Another State? If you are considering moving to another state, you should be mindful of the fact that states often enact, amend, and repeal their tax laws; please contact their Revenue Agency yourself to ...

January 18, 2024 - Clearly, all else being equal, these 9 states are the most income-tax-friendly to all taxpayers, retirees included. But, for retirees, in particular, the list of states that offer the chance of 0% (or near-0%) state-income-tax rates may be much longer.

October 30, 2025 - The Tax Foundation’s State Tax Competitiveness Index enables policymakers, taxpayers, and business leaders to gauge how their states’ tax systems compare. While there are many ways to show how much state governments collect in taxes, the Index evaluates how well states structure their tax systems and provides a road map for improvement.

June 24, 2025 - Discover which states offer the lowest taxes on IRA income and how your location can affect your retirement nest egg.

July 21, 2025 - The Granite State is the best state to retire in 2025, and it’s clear that the state offers a lot to like for future retirees. While it scored a dismal 40th in the second-most important category of weather, due to its lack of sunshine, it ranked 14th for affordability and then scored toward the top in other key categories such as: ... So, New Hampshire mixes an affordable lifestyle with strong quality-of-life in terms of safety, health care and the arts. As far as taxes, New Hampshire does charge income tax on individual incomes, though it charges a 3-percent tax only on interest and dividends.

May 8, 2024 - This map graphic visualizes the total tax burden in each U.S.

When it comes to retirement planning, many people correctly focus on when to retire and if they have enough savings. But choosing where to retire can be equally important. To help you weigh the pros and cons of each state when it comes to relocating in retirement, we ranked all 50 states plus ...

September 15, 2025 - Some states tax all or some retirement income, but others don’t tax retirement income at all. To help get you started on your search, here are 23 destinations with factors important to retirees: attractive lifestyle, safety, quality healthcare and a cost of living below the national average.