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10 Most Tax-Friendly States for Retirees

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Sun, Dec 13, 2020 11:24 AM

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Plus: 14 States That Won't Tax Your Pension TIPS TO TRIM YOUR TAXES If you want your retirement savi

Plus: 14 States That Won't Tax Your Pension [VIEW IN BROWSER]( [Kiplinger Special Report]( TIPS TO TRIM YOUR TAXES [10 Most Tax-Friendly States for Retirees]( If you want your retirement savings to last longer, consider moving to one of these states that impose the lowest taxes on retirees. Plus: [Kiplinger's Retiree Tax Map]( [READ MORE]( [How Snowbirds Can Be Taxed as a Florida Resident]( If you live in a high-tax state during the summer but winter in Florida, you'll likely save big bucks if you can establish residency in Florida. Plus: [10 Least Tax-Friendly States for Retirees]( [READ MORE]( SPONSORED CONTENT FROM VANGUARD PERSONAL ADVISOR [Vanguard Advice to Help Maximize Your Income in Retirement]( [These are Your 3 Financial Advisors in Your Area]( At Vanguard, we're invested in you. Which is precisely why we've created Vanguard Personal Advisor Services®, providing remote access to expert financial advisors, real-time goal tracking, and more confidence you'll meet your goals. There's never been a more perfect time to get started. [READ MORE]( [What's the Standard Deduction for 2020 vs. 2021?]( When filling out your federal income tax return, you have a choice between claiming the standard deduction or claiming itemized deductions. You will always want to pick whichever one is higher. Plus: [11 Surprising Things That Are Taxable]( [READ MORE]( [14 States That Won't Tax Your Pension]( Some states have pension exclusions with limitations based on age and/or income. But these states don't tax pension income at all, no matter how old you are or how much money you have. Plus: [13 States That Tax Social Security Benefits]( [READ MORE]( [10 States with the Highest Gas Taxes]( COVID-19 has made us appreciate driving our cars more, but filling up the tank will cost you more in these state. Plus: [10 States With the Lowest Gas Taxes]( [READ MORE]( ALSO ON KIPLINGER [Sign Up Free for Kiplinger's Daily Closing Bell e-Newsletter to Get Ahead of the Market]( [It's ITIN Renewal Time!]( [11 Year-End Moves to Lower Your 2020 Tax Bill]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( Send this to a friend. [Click here.]( All content ©2020 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 1000 Washington, D.C. 20005 Thank you for subscribing to our free Tax Tips e-newsletter. Trim your federal and state tax bills with our actionable tax-planning strategies and tax-filing tactics. Published weekly December - April, monthly May - November. If you ever wish to stop receiving this service, please [click here to unsubscribe](.

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