Monday, November 27, 2017 Names Kansas Third Least Tax-Friendly to Retirees

Press Release

—2017 ‘Retiree Tax Map’ Offers Easy, Interactive State-By-State Guide—

Washington, D.C.— has revealed its annual list of the most and least tax-friendly states for retirees. Kiplinger’s 2017 Retiree Tax Map—available at—reveals senior tax breaks across all 50 states, and compares taxes on income (including Social Security benefits, pensions and other forms of retirement income), property, everyday purchases, and estates.

“Where you live in retirement matters just as much to your tax bill as what you have,” says Sandra Block, Senior Editor, Kiplinger’s Personal Finance. “Retirees and near-retirees can use Kiplinger’s Retiree Tax Map to plan ahead and determine which locations fit best based on their sources of income, spending habits and value of their estate.”

The 10 Most Tax-Friendly
States for Retirees:
1.    Wyoming
2.    Alaska
3.    South Dakota
4.    Mississippi
5.    Florida
6.    Pennsylvania
7.    Nevada
8.    New Hampshire
9.    Kentucky
10.  Georgia
The 10 Least Tax-Friendly
States for Retirees:
1.    Minnesota
2.    Connecticut
3.    Kansas
4.    Vermont
5.    Nebraska
6.    New Mexico
7.    Utah
8.    Maryland
9.    Indiana
10. Wisconsin

The Retiree Tax Map is a sister project to Kiplinger’s annual Tax Map—which outlines each state’s income taxes, sales taxes, gas taxes, “sin” taxes (for products such as alcohol and tobacco) and other tax rules and exemptions.

No comments:

Post a Comment

The Baldwin City Gazette welcomes your comments, as long as they are on topic and remain respectful to others. Please no anonymous comments. Comments containing advertising will be marked as spam, this includes links.