Please enable JavaScript to view the comments powered by Disqus.
Advertisement
Slide Show

1 of 12

10 Most Tax-Friendly States for Retirees, 2018

iStock

These 10 states impose the lowest taxes on retirees, according to Kiplinger’s 2018 analysis of state taxes. All of them exempt Social Security benefits from state taxes. Most exempt at least a portion of other retirement income, such as pensions and withdrawals from tax-deferred retirement plans. Most also have low property taxes. That’s important because the Tax Cuts and Jobs Act limits the amount you can deduct in state and local taxes on your federal return to $10,000 a year.

SEE ALSO: 10 Least Tax-Friendly States for Retirees

Take a look at the most tax-friendly states for retirees. We list the best last.

SEE ALSO: Best States for Low Taxes: 50 States Ranked for Taxes, 2018

Advertisement

Advertisement

View as One Page

Advertisement
Sponsored Financial Content