USGrant1962
Thinks s/he gets paid by the post
Michael Kitces has done another interesting article. He goes through the typical retiree income sources (SS, pension, IRA/401(k), taxable investments) and analyzes how each state treats them for state income tax purposes.
Then he gives some examples and heat maps for retirees with different levels and sources of income. Even includes a spreadsheet summarizing how each state taxes retiree income.
https://www.kitces.com/blog/state-i...ocial-security-pension-income-age-exemptions/
Lots of interesting results. Like NY and NJ are not bad at all for moderate income retirees (neglecting property taxes, though).
Then he gives some examples and heat maps for retirees with different levels and sources of income. Even includes a spreadsheet summarizing how each state taxes retiree income.
https://www.kitces.com/blog/state-i...ocial-security-pension-income-age-exemptions/
Lots of interesting results. Like NY and NJ are not bad at all for moderate income retirees (neglecting property taxes, though).