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

    www.aol.com/true-13-states-dont-tax-143019296.html

    Many retirees fear taxes, and for good reason. Taxes tend to go up regularly, after all, and these folks are often living on fixed or at least limited incomes. Some retirees are so concerned about ...

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

    www.aol.com/true-13-states-dont-tax-220500987.html

    And if a state maintains generally lower taxes by keeping its spending low, some services a retiree might want or need may be harder to come by. Housing is another significant expense for retirees.

  4. 13 states that don’t tax your retirement income - AOL

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

    Iowa state income tax rates range from 4.4 percent to 5.7 percent in 2024, but the range will be narrowed each following year until a flat rate of 3.9 percent is implemented in 2026. Mississippi

  5. Illinois Fair Tax - Wikipedia

    en.wikipedia.org/wiki/Illinois_Fair_Tax

    Illinois is one of 11 U.S. states with a flat income tax; seven states have no income tax; 32 other states use graduated income taxes, which tax higher incomes at a higher rate. [5] The last state to switch from a flat state income tax to a graduated state income tax was Connecticut in 1996.

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

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

    In addition to the nine states that simply don't impose any income tax on anyone, four more states don't tax retirement income from 401(k) accounts, IRAs, and pensions, even though they do still ...

  7. Illinois Department of Revenue - Wikipedia

    en.wikipedia.org/wiki/Illinois_Department_of_Revenue

    The Illinois Department of Revenue (IDOR) is the code department [1] [2] of the Illinois state government that collects state taxes, operates the state lottery, oversees the state's casino industry, oversees the state's thoroughbred and harness horse racing industries, and regulates the distribution of alcoholic beverages throughout Illinois, including beer, wine, and liquor. [3]

  8. How all 50 states tax retirement income: A comprehensive list ...

    www.aol.com/finance/states-that-tax-retirement...

    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.

  9. Teachers' Retirement System of the State of Illinois - Wikipedia

    en.wikipedia.org/wiki/Teachers'_Retirement_System...

    Changes from the “Tier I” pension law include raising the minimum eligibility to draw a retirement benefit to age 67 with 10 years of service, initiating a cap on the salaries used to calculate retirement benefits, and limiting cost-of-living annuity adjustments to the lesser of 3 percent or half of the annual increase in the Consumer Price ...

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