14 States Where Your Pension Won’t Get Taxed

© Shutterstock

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 pension can get taxed as ordinary income in certain states and there won’t be much left of it once Uncle Sam takes its share.

Will your state tax your pension income, too? Well, it all depends on where you live. Usually, at least a portion of your income coming from private-sector defined benefit plans is taxable in most states.  But there are also states that do not levy any taxes on pension incomes at all. Want to know what these are? Then, read on to find out the 14 states that allow you to enjoy your pension income, free of charge!

1 23 ... 10>

Leave a Comment

Your email address will not be published. Required fields are marked *

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.

Latest

You might also be interested in :