Sunday, April 01, 2007

Retirement and taxes

We were asked which states are the best to retire in as far as taxes and we discovered the following 7 states have no income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. Two others, New Hampshire and Tennessee, tax only dividend and interest income.
Here is the complete list of all 50 states income tax rates.

4 comments:

burbcopschicago said...
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Anonymous said...

Our own home state of Illnois doesn't tax retirement income either.......well, so far they don't. With that douche bag in Springfield (wait, he doesn't live in the mansion) you never know.

Anonymous said...

Thanks for the info

Anonymous said...

you fail to mention that Illinois DOES NOT tax pension benefits

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