Which 13 States Don't Tax Retirement Income?

Contributing sentiments towards policy:

59% : It levies a 7% tax on capital gains beyond a certain threshold ($270,000 for the 2024 tax year).
56% : However, the recently passed One Big Beautiful Bill Act included an additional income deduction (tax break) for senior citizens that should apply to most Social Security recipients.
55% : If you do have retirement savings, you'll want to know how states tax income from various sources.
51% : Taxes are noteworthy, but are just the tip of the iceberg.
48% : Also, someone might pay more income taxes in one state, but that could come with better public services and programs that can aid seniors, retirees, and other residents.
46% : There are currently 15 states that don't tax income from pensions, though they may tax your income from other types of retirement plans or sources: If you want to avoid paying state taxes on your retirement income altogether, you may be in luck.
45% : Continue " Americans' tax treatment varies based on the state they reside in.
42% : Florida has a lot of good things going on, but it's also prone to hurricanes and other severe weather conditions that have increased property taxes, home owner association fees, and insurance for many of its residents.
41% : The $23,760 Social Security bonus most retirees completely overlook " There's an old saying that goes something like this: The only two certainties in life are death and taxes.
41% : You may still have to pay federal taxes on your Social Security.
41% : According to a study by the Council of Economic Advisers, approximately 88% of seniors who receive Social Security benefits will pay no taxes on them.
41% : It's partly why income taxes vary so much between states.
33% : But just because you'll pay taxes in life, doesn't mean you shouldn't try to minimize your tax burden.
31% : Beyond the fact that almost nobody enjoys paying taxes, most people fail to adequately save enough for retirement, so saving even a little money on taxes each year can make a significant difference to retirees.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.