Your golden years are your best years! Make them shine!

  • Home
  • Personal Finance
  • Retirement Life
  • Saving & Spending

7 States That Don’t Tax Your Pension, 401(k), Social Security, and More

February 22, 2023 · Personal Finance
job state
Photo by Snapic_PhotoProduction Shutterstock

Nebraska

Nebraska’s Social Security income tax rate usually ranges from 2.46% to 6.84%. Those who are single and couples who file jointly are fully exempt from having their Social Security benefits taxed, as long as their AGIs are smaller than $44,460 and $59,960.

Besides, Nebraska is completely phasing out taxation of benefits, thanks to a new state law, which started two years ago. According to this law, beneficiaries will get a 5% cut in taxes on their Social Security checks.

The reduction is expected to grow to 50% by 2025 when lawmakers are expected to vote on whether they will eliminate the tax on benefits by 2030.

If you’re glad you found this piece, you might also want to try: Here’s Why Your Parents Retired More Easily Than You Will

Pages: 1 2 3 4 5 6 7 8 9 10

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

26 comments on “7 States That Don’t Tax Your Pension, 401(k), Social Security, and More”

  1. SHERRY says:
    February 10, 2024 at 1:50 pm

    Why can’t Virginia be one of the; NO TAX STATE!!! Is it because it’s so close to D.C.???

    Reply
  2. Evette says:
    August 13, 2024 at 8:58 pm

    Well arkansas and irs taxed the hell out of my 401k…that’s a dmn shame we think that we are saving up for retirement and have nothing more when we retire plus social security don’t want to give us nothing want us too work until we are 70 to get full money we have worked for all our lives 🙄😬😬the government is a joke but the rich gets everything and poor gets nothing….and they do all the damn work…whyyyyy

    Reply
  3. Paula J. Rowell says:
    August 13, 2024 at 11:55 pm

    We moved from Massachusetts to North Carolina about 20 years ago. NC taxed my husbands pension. I had been on disability in MA, I lost it when I moved to NC. I now live in PA and pension is not taxed but I never got my disability back. We lost a lot of money. NO state should tax someone’s pension or SS or disability.

    Reply
  4. John says:
    September 14, 2024 at 9:11 pm

    Get rid of ads

    Reply
  5. Dick says:
    September 14, 2024 at 10:58 pm

    Arizona doesn’t tax military pensions

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Recent Posts

  • happy retirement, retirement investment
    10 Most Affordable U.S. Places to Retire in 2026
  • social security numbers, downside
    When Will Your Social Security Checks Arrive? (What Beneficiaries Should Know)
  • Things Seniors Should Always Get from Costco
    8 Kirkland Products That No Longer Feel Like a Costco Bargain
  • medicare
    Medicare Costs Are Rising in 2026 — Here’s What to Expect
  • save money on healthcare
    Could You Qualify For the New $25,000 Health Care Tax Deduction Coming in 2026?
  • Medicare open enrollment
    Missed the Medicare Deadline? Your Options Aren’t Over Yet

Related Articles

secure 2.0 act

7 Ways the Biden’s Secure 2.0 Act Will Change Your Retirement Savings

A lot of people postpone thinking about preparing for retirement because it could seem extremely…

Read More →
Military Retirees

Military Retirees: These 8 States Will Tax You Poorly

Maybe you’re preparing for your upcoming retirement or just want to get a better idea…

Read More →
Claiming Social Security early number

Claiming Social Security Early: 8 Reasons Why You Should Do This

8. You’ve Decided To Start a Business Some folks see their golden years as a…

Read More →
Social Security changes coming in 2024

2026 Social Security Benefits Increase Brings Biggest Raises in 10 States

What to Expect Next The official 2026 Social Security COLA announcement will be released in…

Read More →
tax breaks withdrawal

Unlocking Savings: Best Lesser-Known Tax Breaks for Those 65+

When it comes to tax breaks a lot of seniors over 65 often forget about…

Read More →
Medicare open enrollment

Missed the Medicare Deadline? Your Options Aren’t Over Yet

Bottom Line: Missing Medicare Open Enrollment Isn’t the End While missing Medicare’s annual open enrollment…

Read More →
states, social security

10 States Where You Can Get the Most Social Security

8. Maryland If you live in Maryland, you will benefit from $1,624 per month. great,…

Read More →

Your Complete Retirement Income Plan: A Step-by-Step Guide for Seniors

Frequently Asked Questions About Retirement Income Navigating retirement finances brings up many common questions. Here…

Read More →
Senior Housing, everyday bill

Watch Out: 8 Everyday Bills That Lead to Financial Strain

Did you know that some of your everyday bills are more likely to cause a…

Read More →
Retired in USA

Your golden years are your best years! Make them shine!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Terms and Conditions
  • Privacy Policy
  • Do not sell my personal information
  • Subscribe
  • Unsubscribe
  • Contact
  • CA Privacy Policy
  • Request to Know
  • Request to Delete

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2026 Retired in USA. All rights reserved.