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States that tax income but not retirement income. All the other U.S. states still have income taxes. However, four of them don't tax retirement income, including money received from Social ...
Pennsylvania: The state taxes work-based wages, but income from IRAs, 401(k) accounts, and even Social Security isn't taxable. Pension income isn't taxable in Pennsylvania, either, as long as the ...
Here's a look at how various states tax retirement income. The nine states that don't tax income. When it comes to the taxation of income, you're in luck if you live in one of the following states ...
Washington doesn't tax any income but still has a total tax burden of over 8% due to high sales and excise taxes. Other states may charge expensive property taxes.
In addition to the nine states that simply don't impose any income tax on anyone, four more states don't tax retirement income from 401(k) accounts, IRAs, and pensions, even though they do still ...
The following four states don't tax any retirement income: Illinois. Iowa. Mississippi. Pennsylvania. Retirement income is considered income received from a 401(k), IRA, or pension, and the ...