Even the best prepared among us can forget to consider certain retirement expenses, and with that in mind, GoBankingRates.com has ranked each state in the country by one expense factor that many do omit from their calculations: the overall taxes paid by retirees.

After all, some states are financially friendlier than others to retirees, exempting some or all of retirement income, while others tax everything and then some.

Additional taxes such as that on personal property, sales tax on purchases, and even the tax rate itself were figured into the equation to come up with where each state in the nation stands when it comes to preserving (or collecting) retirees’ income.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.