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The next-best states to live in as a retiree, at least in regard to income taxes, are the following four, because while they do sport income taxes, they do not tax retirement income: Illinois Iowa
Most retirement income is subject to state income tax in North Carolina, but residents with a taxable income of $47,150 or less are exempt. If your taxable income is between $47,151 and $238,200 ...
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24. Texas. State sales and average local tax: 8.20% State tax on Social Security: None Effective property tax: 1.66% Income tax rate (65+): 0% Four of the best cities to retire on $2,000 a month ...
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