14 States Where Your Pension Won’t Get Taxed

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Wyoming

Pensions: One reason why the Cowboy State is one of the friendliest states in the country in terms of retirement taxes is that it has no income tax. This means your pension will be safe and sound in Wyoming.
401(k)s and IRAs: The Cowboy State does not impose any taxes on withdrawals from 401(k) plans and IRAs either.
Social Security Benefits: More good news where that came from: your Social Security benefits won’t take a hit either.
Income Tax Range: Not applicable since there is no income tax.

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

  1. 16
    9

    Great article
    Hope you follow up with other Tax issues/problem living in those state
    I.E sales taxes, Inheritance Tax (Wash bad)
    I am activly looking to get out of Calif
    Florida and Wy my two places so far

  2. 5
    2

    What about Connecticut we are taxed to death!!! We need to get out share! The government is so critical to all those who have people who are like me on social security!! Plus all the people in this state that have loss their jobs due to the pandemic. I am a shame with the government and nothing they do for us!!!

  3. 2
    4

    Washington State; correct, no income tax…yet! The Gov. has been pushing for one for years. Where did you get they don’t tax SS benefits?? They tax the crap out of me, both Social Security and 457 (like IRA’s) disbursements. And, every city/county has a sales tax as high as 10.3%.

  4. 3
    3

    How many of these states have a high sales tax instead of taxing income? I know Washington does. No income tax – but state, counties and cities all charge sales tax.

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