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Top 10 States For Taxes In Retirement In United States 2023
By, Muhd. Faizan
Date - 14/09/2023
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Florida
Florida
is a popular retirement destination due to its warm weather, low taxes, and abundance of activities and attractions.
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Tennessee
The state does not have an income tax, which can save retirees a significant amount of money.
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Nevada
Nevada has no state income tax, so retirees do not have to pay taxes on their retirement income.
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Texas
Texas is a great place to retire if you are looking for a state with no income tax and a low cost of living.
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New Hampshire
New Hampshire does not tax Social Security benefits, pension payments, or retirement savings withdrawals.
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South Dakota
South Dakota
also has relatively low property taxes, which can save retirees a significant amount of money.
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Wyoming
Wyoming is a great place to retire if you are looking for a state with a low cost of living, no income tax.
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Alaska
The state's sales tax rate is 7%, and the property tax rate varies depending on the county.
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Georgia
Georgia does not tax Social Security benefits, which can save retirees a significant amount of money.
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Mississippi
Mississippi does not tax retirement income, including Social Security benefits and pension payments.
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