How Retirement Income Is Taxed in Every State
Every state taxes retirement income a bit differently. More often than not, the way retirement income is taxed can impact a person's decision on where to spend retirement.
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The good news is there is a healthy chunk of states that won't tax certain types of retirement income, like Social Security or pensions. GOBankingRates referenced TIME Stamped's breakdown of how every state taxes retirement income and the results reveal a surprising number of tax-friendly states across the United States.
Take a look at how retirement income is taxed across America.
Won't tax Social Security income
Won't tax pension income
Won't tax pension, but will tax 401(k)s and IRAs
Doesn't tax military retirement income
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No state income tax
No income tax
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax your estate or inheritance
Doesn't tax military retirement income
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Won't tax Social Security income
Won't tax your estate or inheritance
Won't tax Social Security income
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
Won't tax your estate or inheritance
Does tax your Social Security income
Doesn't tax military retirement income
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Won't tax Social Security income
Won't tax your estate or inheritance
No state income tax
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
Won't tax Social Security income
Won't tax pension income
Will tax 401(k)s and IRAs
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
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Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
Won't tax Social Security income (but used to help determine filing status)
Won't tax pension income (but used to help determine filing status)
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax your estate or inheritance
Doesn't tax military retirement income
Does tax Social Security income
Won't tax Social Security income
Won't tax your estate or inheritance
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Won't tax Social Security income
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax Social Security income
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
Won't tax Social Security income
Doesn't tax military retirement income
Doesn't tax military retirement income
Does tax Social Security income
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Doesn't tax military retirement income
Does tax Social Security income
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax your estate or inheritance
Does tax Social Security income
Won't tax your estate or inheritance
Does tax Social Security income
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No state income tax
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax pension, but will tax 401(k)s and IRAs
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax your estate or inheritance
Does tax Social Security income
Won't tax Social Security income
Won't tax your estate or inheritance
Doesn't tax military retirement income
Trending Now:
Won't tax Social Security income
Won't tax your estate or inheritance
Won't tax your estate or inheritance
Doesn't tax military retirement income
Does tax Social Security income
Won't tax Social Security income
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
Won't tax Social Security income
See Next:
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax pension income
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
No state income tax
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax your estate or inheritance
Doesn't tax military retirement income
No state income tax
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax your estate or inheritance
Doesn't tax military retirement income
Discover More:
No state income tax
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax your estate or inheritance
Doesn't tax military retirement income
Won't tax your estate or inheritance
Doesn't tax military retirement income
Does tax Social Security income
Won't tax Social Security income
Won't tax pension income
Doesn't tax military retirement income
Won't tax Social Security income
Won't tax your estate or inheritance
No state income tax
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax your estate or inheritance
Doesn't tax military retirement income
View More:
Won't tax your estate or inheritance
Doesn't tax military retirement income
Does tax Social Security income
Won't tax Social Security income
Won't tax your estate or inheritance
Doesn't tax military retirement income
No state income tax
Won't tax Social Security income
Won't tax pension income
Won't tax Thrift Savings Plan (TSP) income
Won't tax 401(k) or IRA
Won't tax your estate or inheritance
Doesn't tax military retirement income
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This article originally appeared on GOBankingRates.com: How Retirement Income Is Taxed in Every State
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