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
budget state
Image By SeanPavone From Shutterstock

Missouri

Even if Missouri’s Social Security income tax rate could be as high as 5.4%, the range could also go as low as 0%. Single filers and couples who file together and are 62 years and older with an AGI of less than $85,000 and $100,000, might be able to completely deduct their Social Security benefits. Even more, those who are in a higher income bracket might still qualify for a partial deduction.

Montana

In this state, the Social Security income tax rate usually ranges from 1% to 6.75%. The same as the federal tax, retirees with an AGI smaller than $25,000 (for single filers) and $32,000 (for married couples) won’t be subject to any tax on their Social Security benefits.

Of course, this isn’t the case for residents in higher income brackets. Montana normally uses a completely different method than the federal government when it comes to calculating the total amount that a citizen has to pay.

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Your email address will not be published.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

  • 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
  • stimulus check
    Trump Promises $2,000 Tariff Checks: Could You Qualify?
  • social security changes
    5 Social Security Changes Coming In 2026

Related Articles

A couple reviews financial documents at a table, with travel plans and creative hobby materials present.

The Ultimate Pre-Retirement Checklist: Everything to Do in the 5 Years Before You Retire

Your First Year of Retirement: The Transition Congratulations, you’ve made it! The retirement checklist is…

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 →
spending money

11 Reckless Ways Seniors Spend Their Money

Having multiple cars Besides forgoing luxury cars, seniors should also reconsider downgrading the number of…

Read More →
housing withdrawing money from your retirement account

The Housing Market Crash of 2025: Experts Verdict

Considering that interest rates are still quite high and the inventory is still quite low,…

Read More →
spousal

How Can You Increase Social Security with Spousal Benefits?

What happens to Social Security spousal payments if one of the spouses passes away? In…

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 →
tax changes

Shocking New Tax Changes Coming Up This Year

Retired in USA presents: new tax changes coming up in 2024! The Internal Revenue Service…

Read More →
Tax Refund

7 Ways to Maximize Your Tax Refund in 2023

#7 Selling Losing Stocks to Reduce Capital Gains Stock price increases have been few, and…

Read More →
cheap

NEW: 5 Cheapest States for Retirees This Year

Alabama When you think about retirees relocating for their golden years, the most common state…

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

© 2025 Retired in USA. All rights reserved.