Retired in America

Your Guide to a Confident Retirement

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

Most Important Financial Benefits For Retirees Offered By Each State

May 11, 2021 · Retirement Life

Kansas

– Social Security income with federal adjusted gross income under $75,000 is exempt from state tax

– There’s no estate tax

– Free audit courses at state institutions for residents 60 and older

– Senior centers throughout the state provide transportation assistance to seniors unable to travel on their own; $3 paratransit services in Kansas City

– Discounts for vehicle fees at state parks

– Reduced fees for hunting and fishing licenses

A couple standing by a white fence on a green horse farm.
A smiling retired couple pets a horse at a beautiful Kentucky farm with rolling green hills.

Kentucky

– Social Security benefits are not taxed, and most taxpayers get a retirement income exemption up to $31,110

– Tuition exemption at any state institution for seniors aged 60 and more

– Residents 65 and older who own a Medicare card pay 75-cent fares through the Louisville area’s transit authority while residents 62 and over pay 50 cents for Lexington public transportation

– Residents 65 and older receive discounts for hunting and fishing licenses

Check out these 25 States with the Most Affordable Healthcare Costs!

A senior couple laughing over coffee at an outdoor cafe.
A retired couple enjoys beignets and gumbo in New Orleans, where financial perks enhance their vibrant lifestyle.

Louisiana

– The state does not levy taxes on Social Security income nor on up to $6,000 of pension and annuity income for residents 65 and older

– Free tuition and 50% discount for books for residents aged 55 or older registered at any state college or university

– 40 cents to $1 public transportation fee in New Orleans and $2 for paratransit for residents aged 65 and older

– No state sales tax levied on food, drugs, wheelchairs, and prosthetic devices

– Residents aged 60 and older pay $5 for hunting and fishing license

– Free entrance to state parks for 62 and older

Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Share this article

Facebook Twitter Pinterest LinkedIn Email

One response to “Most Important Financial Benefits For Retirees Offered By Each State”

  1. min aung says:
    April 18, 2022 at 5:45 pm

    California impose tax on Social Security on mine.

    Reply

Leave a Reply Cancel reply

Your email address will not be published.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

Search

Latest Posts

  • A panoramic view of the twin crater lakes of Sete Cidades in the Azores, featuring one blue and one green lake surrounded by lush green hill 9 Scenic (and Cheap) Destinations That Rarely Disappoint
  • A retiree looks out over a lush tropical valley at sunset from a terracotta balcony, holding a coffee mug. 10 Best Countries to Retire Abroad in 2027
  • A retired couple stands amidst moving boxes in their living room, bathed in warm afternoon sunlight during their relocation process. 8 Common Relocation Mistakes Retirees Tend to Make
  • 7 Costco Items Worth Buying in Retirement Because They Actually Lower What You Spend Each Month
  • A retired couple at a kitchen table looking at a map and tablet, planning their next move to a surprise retirement destination. 8 Places That Surprise Retirees in the Best Possible Way
  • A panoramic watercolor illustration showing a transition from green mountains to red deserts and blue lakes. 11 Nature-Filled Destinations Perfect After 60
  • A retired couple sits on a coastal bench in Maine at twilight, looking out at a harbor with lobster boats. 9 Charming Northern Spots for Retirement
  • A stylized gouache illustration of a western landscape featuring mountains, red rock mesas, and pine forests under a warm afternoon sun. 10 Western Retirement Spots with Incredible Lifestyle Appeal
  • Three active seniors walking through a vibrant, sunlit downtown plaza with a dog and coffee, representing a fulfilling retirement lifestyle. 9 Places Where Seniors Are Finding More Things to Do
  • A senior man at a kitchen table early in the morning, looking at a laptop with a financial graph, representing proactive retirement planning Social Security's 2027 COLA Forecast Just Changed - Here's What Retirees Should Know

Newsletter

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

Related Articles

10 Best States for Retirees to Settle Down

6. Kentucky Taxes, taxes, taxes! A headache to think about when moving. Kentucky makes it…

Read More →

10 Secrets Elderly Parents Are Hiding From Their Families

Frivolous Spending – Or, on the other hand, there are seniors who can’t stop spending their…

Read More →

Should You Ever Stop Saving for Your Retirement? 8 Financial Considerations!

While Kids Are in College Some families help their children with college, some don’t. If…

Read More →

25 Tips to Save 20% for Your Retirement with No Effort

6. Differentiate Between Needs and Wants Focusing on wants VS needs can help you either…

Read More →
A man in his 60s working in his sunlit woodshop, representing the active and purposeful nature of unretiring.

8 Honest Reasons Why Some Retirees Are Going Back to Work in 2026

Discover the real motivations driving the unretiring trend in the USA, from outpacing inflation and…

Read More →

10 Simple Ways To Keep Your Joints Healthy

Exercising is one of the healthiest things to do if you want to lose that…

Read More →

Thinking of Retiring Early? These Real-Life Tips Can Help You Do Just That

A woman explores her passion for painting in a bright studio filled with plants and…

Read More →

5 Ways Medicare Will Change In 2021

Medicare will change some things this year, so if you’re a senior who relies on…

Read More →
A retired couple stands in their empty, sunlit living room next to a moving box, looking out at a sold sign in the yard.

8 Reasons Retirees Regret Moving Too Close To Family

Discover the hidden financial, social, and emotional costs of relocating to be near adult children…

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.