Key Takeaways Illinois, Iowa, Mississippi, and Pennsylvania are considered to be the most tax-friendly states for ...

The following 41 states, along with Washington, D.C., currently do not tax Social Security benefits: The following nine states do have Social Security taxes in some form: ...

Social Security benefits aren't tax-free in every state. Learn which nine states still tax them in 2025 and how much you ...

Distributions from retirement savings accounts and Social Security income are taxed differently in most states. Even in states that do tax retirement income, it’s possible that senior residents will ...

Retirees whose income exceeds a certain threshold face federal income taxes on their Social Security benefits. But the tax obligations don't stop there for everyone. In some places, you might also owe ...

Eliminating state income taxes on tips, overtime and Social Security was a priority for House Republicans in the recent ...

Most people take a financial hit after retirement. Discover which three states allow retirees to live off of Social Security ...

Even if you withhold taxes on your retirement benefits, you might be surprised by an IRS estimated tax penalty at year-end. That’s because income sources like capital gains, dividends, and interest ...