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

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

This Is How All 50 States Tax Your Retirement Income

May 27, 2022 · Retirement Life
retirement
Photo by JLCo Ana Suanes at Shutterstock

Maine

Maine doesn’t tax Social Security income. Individual tax rates can range from 5.8 to 7.15 percent. Maine will also offer pension benefits income deduction.

It could apply to as much as $20,000 in retirement income from pension benefits but also as retirement plan benefits of various degrees, as the state declared.

Even so, the amount is reduced by income through Social Security. Military retirement plan benefits are completely exempt from state income taxes.

Maryland

Maryland doesn’t tax Social Security income. Individual income tax rates can range from 2 to 5.75 percent. Those residents who are 65 years or older or completely disabled might be eligible for a pension exclusion of up to $30,600, as the state comptroller confirmed.

Even more, residents who are 65 or older and are currently getting military retirement benefits might be able to subtract up to $15,000 of those benefits from their federal adjusted gross income before clarifying their Maryland tax rate.

Massachusetts

Massachusetts doesn’t tax Social Security benefits. The individual income tax rate here is a flat 5.05 percent. But, as Kiplinger added, civil-service, Massachusetts state alongside local government pensions and specific out-of-state pensions might be exempt.

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published.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

2 comments on “This Is How All 50 States Tax Your Retirement Income”

  1. Gary Loock says:
    October 10, 2022 at 2:29 pm

    I understand that the Maryland Legislature just changed how much retirees pay in income taxes. I have not been able to find out the specifics of the new law. When does it take effect? What are the income limits? Can I now reduce the State witholding from my Minimum Required Diatributions?

    Reply
  2. claudette minichiello says:
    September 29, 2022 at 3:23 pm

    how much are senior,s taxed in kentucky?

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Search

Latest Posts

  • A collage showing a bright tropical postcard on the left overlapping with complex financial documents and a 2026 calendar on the right. These Southern Retirement Towns Look Great on Paper - But…
  • A retiree looks over financial documents at his kitchen table, weighing the costs of moving to a new state. 12 Places Where Everyday Retirement Life Can Be Tougher
  • An illustration of a suitcase packed with heavy weights labeled with retirement downsides, while a retiree looks at a distant palm tree. The Downsides of These 10 Popular Retirement Locations
  • A man in a kitchen looking at real estate listings while a for sale sign is visible through the window in the background. 8 Signs It May Be Time to Relocate
  • A retired couple on a porch, one looking at a map and the other at a garden, in warm golden hour light. 8 Ways Retirement Changes Family Relationships
  • A mixed-media collage split diagonally between a peaceful beach watercolor and a realistic pile of tax forms, medical tools, and bills. 9 Retirement Expectations That Don't Match Reality
  • 9 Things Retirees Are Collecting That Are Suddenly Worth Money
  • A nostalgic living room scene with vintage magazines and reading glasses on a wooden table in warm golden light. Remembering 16 Beloved American Icons We Lost in 2025 and 2026
  • A luxury cruise ship docked in a South American port at dawn, with two retirees looking on from a wooden pier. Hantavirus: What Retirees Need to Know Before Boarding a Cruise Ship
  • A retired couple selects fresh produce at a sunny outdoor market, highlighting the active and affordable retirement lifestyle. 7 Retirement Towns Where Residents Spend Less On Groceries

Newsletter

Get retirement tips and senior living advice delivered to your inbox.

Related Articles

Job Scams

10 Common Job Scams and How to Protect Yourself

A senior person uses a stylus to review digital vigilance tips on their tablet, staying…

Read More →
toughest states for retirees

8 Toughest States for Retirees

7. Washington Next on our list of the toughest states for retirees is Washington. Whether…

Read More →
An ink and watercolor illustration of a retired couple on a Southern porch next to a moving box and a sold sign.

7 Small Southern Towns Retirees Are Moving To For Lower Costs

Discover seven affordable small Southern towns offering retirees lower housing costs, significant tax advantages, and…

Read More →
A smiling older woman sits at a table with children, assisting them with schoolwork in a brightly lit library setting.

Volunteering in Retirement: 10 Opportunities to Make a Difference

Your Next Steps: A Simple Checklist to Get Started Feeling inspired? The journey to finding…

Read More →
inheritance mistakes

Top 6 Inheritance Mistakes You Must Avoid

A mother and son walk arm-in-arm through a blooming garden, emphasizing the importance of securing…

Read More →
A senior couple smiling while looking at a tablet in a bright, modern living room.

How AI Tools Are Helping Seniors Manage Health, Finances, and Daily Life

Discover how modern AI tools and apps are empowering seniors to confidently manage their health,…

Read More →
A couple sits on a patio overlooking a sunny, scenic landscape, enjoying a meal.

The Expat Retiree: 5 Countries Where You Can Retire Better for Less

Answering Your Big Questions About Retiring Abroad Moving to another country brings up a lot…

Read More →
retirement mistakes

6 Retirement Mistakes You’ll Regret on Your Deathbed

6. Thinking that you know everything There are many retirement mistakes, but we would like…

Read More →
growing-older-2

13 Things About Getting Older That People Have Trouble Accepting

Is getting older difficult to accept? Aging should be considered a blessing, not a curse.…

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

Trust & Legal

  • 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.