Some states don’t tax your retirement income at all, but others may have certain exemptions on private or government pensions. Here’s our list of the 15 states that will give you a tax break ...

Let's begin with the best news -- you'll probably not owe any state taxes on your monthly Social Security payments. A total ...

Taxes States That Won't Tax Your Retirement Income in 2025 Several states don’t tax Social Security benefits, 401 (k)s, IRAs, and pensions. But you may still have to pay state taxes on some incomes.

Key Takeaways Illinois, Iowa, Mississippi, and Pennsylvania are considered to be the most tax-friendly states for retirees. Thirty-eight states don't tax Social Security income.

The good news is that most states do not tax Social Security benefits. 41 states don't tax Social Security Here are the 41 states (along with Washington, D.C.) that don't tax Social Security benefits.

While most states tax TSP distributions, these 12 don’t: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming, Illinois, Mississippi and Pennsylvania.

It charges a flat income tax rate of 4.4% on other types of income that exceed $10,000, but this rate is set to decrease to 4% in 2026. Mississippi doesn’t charge estate, gift or inheritance tax.

In addition to the nine states with no income tax, the following 23 states don’t tax military pensions. (Source: MyArmyBenefits, The official military benefits website of the U.S. Army, Table of ...

Most states don't tax Social Security benefits,and a few states tax 401 (k) plans and IRA distributions but not pensions.

Four other states with income taxes don't tax Social Security, IRA, or 401 (k) distributions. Even more states exempt at least some types of pension income from state taxes.

Here are 13 states that don't currently tax retirement income. No one in Alaska pays state taxes because it doesn't levy an income tax. Here's something to keep in mind if you have a sudden urge ...