We all want to get a little more bang for our bucks, especially after you’ve left the workforce. What better way to get more use out of your hard-earned dollars than by moving to a state with low tax rates so you can make the most out of your retirement.
The states on this list don’t tax Social Security or your pension income but according to data from Wolters Kluwer Tax & Accounting, the Tax Foundation, and the U.S. Census Bureau, the differences in their property and sales tax rates should be taken into consideration before you start packing those bags.
So, with that in mind, we have compiled a list of 13 states where the taxman won’t eat away at your savings.
