There are 9 states
There are some states that won’t tax your social security, but will tax your IRA and there are some that won’t tax your IRA, but will tax your TSP. In conclusion, if a state doesn’t benefit from one part, they will find a way to compensate.
But, there’s a loophole, there are 9 states that have NO income taxes such as the following: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming.
If you happen to live in one of these or you’re planning to retire here, then you’re in the best of luck! You won’t have to pay a dime to the government!
So, what’s the perfect place to retire then?
