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  2. How all 50 states tax retirement income: A ... - AOL

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    New Mexico taxes retirement income using state income tax rates, which range from 1.7% to 5.9% in 2024. Residents ages 65 and older can claim an $8,000 exemption to offset their tax burdens.

  3. It's True: These 13 States Don't Tax Retirement Income - AOL

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    Here's a look at how various states tax retirement income. ... And New Hampshire has levied a 3% tax on dividends and interest on investment income, but that's going away beginning in 2025 ...

  4. It's True: These 13 States Don't Tax Retirement Income - AOL

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    At least some retirement income is exempt from income taxes in many other states. For example, the following states don't tax Social Security retirement benefits: Alabama

  5. It's True: These 13 States Don't Tax Retirement Income - AOL

    www.aol.com/finance/true-13-states-dont-tax...

    *While New Hampshire doesn't tax workers' wages, note that it will tax interest and dividend payments in excess of $2,400 per year as income through 2024. Beginning in 2025, however, this tax will ...

  6. Federal taxation and spending by state - Wikipedia

    en.wikipedia.org/wiki/Federal_taxation_and...

    It follows that as state's per capita income rises, its tax receipt also increases. The data between changes in per capita taxes to the national averages in ratio to the changes in the per capita income to the national average has a correlation of .88 (Leonard and Walder, Page 56-57).

  7. Surprising Data Reveals The Top 25 Tax-Friendly States ... - AOL

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    Effective property tax: 1.96%. Income tax rate (65+): 0%. New Hampshire is one of the best places to live for retirees to escape taxes. It has no sales tax, no state income tax and no tax on ...

  8. 13 states that don’t tax your retirement income - AOL

    www.aol.com/finance/13-states-don-t-tax...

    Illinois charges a flat state income tax of 4.95 percent, but all retirement income is exempt from paying the tax. This includes pension payments as well as distributions from retirement plans ...

  9. These States Don't Tax Your Retirement Income - AOL

    www.aol.com/states-dont-tax-retirement-income...

    For instance, Georgia does not tax Social Security retirement benefits and also provides a deduction of up $65,000 per person on all other types of retirement income.