Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

10 Most Tax-Friendly States For Retired Taxpayers

May 31, 2021 · Retirement Life

Best: Delaware

The downside: The major bummer in Delaware? The income taxes start at 2.2% on taxable income from $2,001 to $5,000 and go as high as 6.6% on taxable income surpassing $60,000.

Why it’s still a good place to move: The First State is one of just four states in the nations with no sales tax but is also has the lowest property tax rates of any state. There’s also no estate or inheritance tax. Some might say it’s a tax haven.

Property tax averages somewhere at $562 per $100,000 in assessed home value and eligible seniors can benefit from school property tax credits. More than that, Social Security benefits are not taxed, and retirees aged 60 and over can get an exemption of up to$12,500 in retirement income, including dividends, interest, pensions and IRA and 401(k) distributions.

Congratulations, Delaware! You’re the most tax-friendly state for retirees!

Pages: 1 2 3 4 5 6 7 8 9 10 11

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • A senior woman looking thoughtfully at her phone in a bright, modern home office. 6 Social Security Scams You Need to Pay Attention to
  • A happy retired couple enjoying the sunset on a beautiful porch. 8 States to Retire For Less Than 45K a Year
  • A retired couple looking at a map on a sunny balcony overlooking a beautiful coastal town. 10 Countries to Retire Where $150K Is More Than Enough
  • A happy retiree working on a laptop on a sunny patio, symbolizing flexible part-time work. 20 Great Part-Time Jobs For Retirees
  • A senior couple smiling while looking at a tablet in a bright, modern kitchen. 5 Crucial Medicare Changes Coming Soon
  • A senior couple happily unpacking groceries in a bright, modern kitchen. 9 Ways to Shop at Costco Without a Membership
  • A happy retired couple stands on the porch of a beautiful, sunny home, symbolizing an affordable and joyful retirement. 10 Best Places to Retire That Won't Break the Bank
  • An older man confidently using a laptop in a sunlit home office, symbolizing digital security. 7 Common Passwords To Avoid
  • A retired couple looking out a window in their bright, downsized modern home. 11 Mistakes to Avoid When Downsizing Your Home
  • A retired couple smiling on a balcony overlooking a scenic coastal village at sunset. 12 Best Countries to Live Perfectly Well on Social Security

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

9 Ways to Manage Your Time Like a Pro During Retirement

Relax in a rope hammock while a cat naps nearby in this lush, tranquil retirement…

Read More →

9 Social Security Secrets to Maximize Your Benefits in Retirement

A smiling senior couple reviews a map, enjoying the financial freedom that minimized retirement taxes…

Read More →

What It’s Really like to Retire in an RV

Consider living expenses When going on an RV adventure, don’t think it’s all rainbows and…

Read More →

6 Things that Might Happen to Social Security if Trump Gets Reelected

Keep an eye out for potential changes Since we don’t know who will win the…

Read More →
A happy retiree working on a laptop on a sunny patio, symbolizing flexible part-time work.

20 Great Part-Time Jobs For Retirees

Explore 20 great part-time jobs for retirees, from remote consulting to outdoor work, and learn…

Read More →

15 Best Retirement Cities With the Most Seniors

North Port, Sarasota, Bradenton, Florida Located just south of Tampa, this three-city region is a…

Read More →

7 Reasons Renting Fits Perfectly With Your Retirement

7. Get help with daily tasks When it’s time to pick a rental property, you…

Read More →

12 Retirement Ideas That Work for Any Household

11. Wait To Draw Social Security Until You’ve Maxed Out Benefits Of course, you are…

Read More →

Does Your Employer Want You to Retire? Here Are 15 Ways to Tell!

Your Retirement Becomes a Topic of Conversation After a certain age, discussions about retirement are…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

  • About Us
  • Editorial Policy
  • Advertiser Disclosure
  • Frequently Asked Questions
  • Disclaimer
  • Terms and Conditions
  • Privacy Policy
  • Subscribe
  • Unsubscribe
  • Contact Us

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.