When choosing which state to retire in, taxes may have crossed your mind. Knowing which are the most tax-friendly states for retirees may help you decide. Just keep in mind that no state has zero taxes. So, where some taxes are low, other types may be high.
Considering the pros and cons of state taxes in retirement will provide you with the best overall tax picture. Additionally, how the IRS taxes various types of retirement income can affect your tax burden.
