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14 States Where Your Pension Won’t Get Taxed

If you have a traditional pension, you can consider yourself lucky. There are not many people out there who can say the same. But before you do your victory dance, remember your…

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Texas

Pensions: The rule that everything is bigger in Texas does not apply to state taxes. The Lone Star State doesn’t impose a personal income tax, which means you get to keep your pension income all to yourself.
401(k)s and IRAs: Texas won’t tax your 401(k) or IRA withdrawals, either. So, there’s no reason not to spend some of that money on a nice cowboy costume.
Social Security Benefits: Since there’s no income tax, your Social Security benefits are tax-exempt as well.
Income Tax Range: Not applicable since there is no income tax.

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2 comments on “14 States Where Your Pension Won’t Get Taxed”

  1. Thank You for this information
    Question: Will my IRA and social security be taxed if you retire in one state and move to another?

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