You’ve probably already thought about where you want to retire. Destinations like Florida may be popular for retirement due to tax reasons, but what places might you want to avoid because of higher tax rates?
Eight states, plus Washington, D.C., have the highest income tax rates in the country, making them perhaps less tax-favorable for retirement. However, some states on the list may exclude certain retiree income from tax, which could soften the blow. And other states offer no state taxes on Social Security.
