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Which states are more tax-friendly for retirees?

There are a number of states that tend to be more tax-friendly for retirees, and those generally include the states that don’t levy any income taxes. That list comprises states such as Alaska, Nevada, Texas, Florida, and Tennessee.

Which states have no 401(k) tax?

The most tax-friendly states for retirees are states that don’t tax pensions and Social Security, and have a low tax-profile overall for sales and property tax. Some of the best states for retirees who want to avoid high taxes include Alabama, the District of Columbia, Nevada, and Tennessee. Which states have no 401 (k) tax?

Do all states tax retirement income?

While the majority of states do tax retirement income, 13 do not, although naturally, things aren't so black and white. Let's dive in. These 9 states don't levy a tax at all. This could have to do with politics in the state or the desire to boost the population, which usually leads to a faster-growing economy.

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