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

10th Best: Tennessee

The downside: With combined state and local sales tax rates averaging 9,55 percent, the “Volunteer State” has one of the highest overall tax rates in the country, if not the highest. Local taxes are also something to watch out for, especially when it comes to groceries which are subject to a 4 percent tax.

Why it’s still a good place to move: For starters, Tennessee has no state income tax. More than that, Social Security benefits, pensions and distributions from other types of retirement plans are also exempt from taxes. Also, there’s no estate or inheritance tax.

In 2021, the tax on interest and dividends was fully repealed after being reduced to 1 percent between 2016 and 2020. And the icing on the cake: The median home cost is $636 per $100,000 of assessed home value, with certain categories of seniors eligible for property-tax reimbursements.

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Your email address will not be published.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 warm mid-century gouache illustration of an older couple happily planning a trip to Europe with a colorful map on their kitchen table. The Cheapest Months to Fly to the Most Popular European Destinations
  • An older woman smiling and laughing while talking on her phone at a sunlit kitchen table with a mug of tea. Telephone Reassurance Programs: Getting Paid to Chat With Seniors
  • An older woman at her sunlit dining table organizing paperwork and folders. Supplemental Security Income: Do You Qualify for Extra Help?
  • An older man happily restoring a wooden chair in his sunlit home workshop, symbolizing flexible and rewarding part-time work. 8 Flexible Part-Time Work That Won't Affect Your SS Benefits
  • A retired woman sits thoughtfully at her sunlit kitchen table, reviewing papers and bills with a warm mug of tea nearby. 16 Things Retirees Often Overpay For Without Realizing
  • An older couple stands on their porch during sunset, looking at a moving truck parked in their driveway. Retirees Regret Choosing These 5 States (Based on Cost and Lifestyle)
  • An older couple sitting at a wooden kitchen table reviewing organized tax documents in warm morning light, representing tax planning. 5 Tax Breaks You Can Claim Without Itemizing in 2026
  • An editorial illustration of a retired couple rolling back a rug to reveal hidden wealth and resources beneath their floorboards. The Retirement Benefits Beyond Traditional Checks - Find Them Here!
  • An editorial gouache illustration showing a stylized Social Security card sliced at the top, revealing gold coins inside. Could Social Security Taxes Change Again?
  • An editorial gouache illustration showing stylized hands adjusting a large monthly benefit check with a ruler and compass. The Benefit Rule That Could Affect Your Monthly Check

Newsletter

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

Related Articles

10 Expenses You Don’t Have To Worry About in Retirement

Transportation – Thanks to the pandemic, you already have a sneak peek at how much you’ll…

Read More →

19 Unsuspected Obstacles That Prevent You From Having a Worry-Free Retirement

< Spending too much during your working years Even if your income is more than…

Read More →

10 Ways To Make the Most Out of Life as a Retiree

Beach Living on the beach is a retirement dream that a lot of seniors share.…

Read More →

30 Cities in USA Way Too Expensive for Retirees

Discover why relocating to these 30 expensive U.S. cities can rapidly drain your retirement savings,…

Read More →

Most Important Financial Benefits For Retirees Offered By Each State

Alaska – There’s no state income tax – There’s no state sales tax – homeowners…

Read More →

10 Most Important Retirement Age Milestones You Need to Consider

Age 49 and Under If you start saving as early as possible in your career,…

Read More →

9 People Who Fulfilled Their Lifetime Dreams During Retirement

Disco Sally: The retired lawyer and disco queen of NYC nightlife – Haven’t you heard about…

Read More →
A retired couple reviews financial documents together in a bright, modern kitchen.

Watch Out for These 30 Things That Could Ruin Your Retirement

Discover the 30 critical financial, healthcare, and lifestyle mistakes that could ruin your retirement and…

Read More →

7 Reasons Renting Fits Perfectly With Your Retirement

1. Gain access to your home equity Retirees often avoid selling their homes because they…

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

Contact Us

Disclaimer

Terms and Conditions

Privacy Policy

Subscribe

Unsubscribe

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.