Posts Tagged ‘Tax Breaks’

Oh Where, Oh Where Should I Retire?!

June 18, 2017

According to the 2016 United Movers Study (unitedvanlines.com/movers-study/move-for-retirement), the most tax-friendly states are as follows:

  1. Delaware (no tax on social security benefit)
  2. Florida (no tax on retirement income)
  3. Nevada (no inheritance or estate tax)
  4. South Carolina (no tax on social security benefit)
  5. Arizona (property tax break for seniors)
  6. New Mexico (tax rebates for those 65+)
  7. Idaho (no tax on social security benefit)
  8. Montana (No state sales tax)
  9. Maine (no tax on social security benefit)
  10. New Hampshire (no income tax)

Source: AARP Bulletin, June 2017