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.
14 thoughts on “14 States Where Your Pension Won’t Get Taxed”
good info
Thank you for sharing this information & doing all the research.
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
Don’t overlook Montana!
The picture used for the state of Washington is actually of D.C.
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!!!
What about New York & New Jersey. I might have to move!!!
If they paid you, New York and New Jersey would still be a good places to move from. (Except Cape May)
NJ is unconstitutional and discriminatory the way they tax certain pensions and not others.
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%.
What about Kentucky
KY TAXED TO DEATH HAVE CITY AND COUNTY INCOME TAXES. STATE INCOME SALES TAXES
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.
how about delaware