Nevada
Pensions: Retired residents of Nevada can consider themselves lucky when it comes to state income taxes. The Silver State doesn’t have an income tax, so it doesn’t tax their pension income or any of their other income.
401(k)s and IRAs: More good news: 401(k) or IRA distributions are also tax-exempt.
Social Security Benefits: Nevada doesn’t tax Social Security benefits either. More money to enjoy what Nevada has to offer!
Income Tax Range: Not applicable since there is no income tax.
New Hampshire
Pensions: New Hampshire is among the most tax-friendly states for retirees, with no general income tax. However, the Granite State does ask for a tax on interest and dividends. The good news is that your pension income will not be taxed if you decide to spend your golden years in the Granite State.
401(k)s and IRAs: Your 401(k) and IRA distributions are not subject to any state taxes either.
Social Security Benefits: New Hampshire doesn’t impose a tax on Social Security benefits.
Income Tax Range: There’s a 5% tax on interest and dividends.
20 comments on “14 States Where Your Pension Won’t Get Taxed”
But wherever you live, you’ll still pay federal income tax on it.
Hopefully, the State of Maine will stop taxing our State Pensions soon!!
The state of new jersey sucks big time they dont even increase veterans deduction
new jersey is known for high property taxes. I don’t think New York is any better.
This site is bullshit. I do not see the list of States and I am not putting up with this advertising nonsense to find out. I can do that on my own.
how about delaware
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.
What about Kentucky
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%.
NJ is unconstitutional and discriminatory the way they tax certain pensions and not others.
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