It's True: These 13 States Don't Tax Retirement Income
Saving for retirement is already a challenging task for many workers, and having to give a piece of their nest egg back to the government only puts a bigger financial burden on seniors. Certain strategies can help you keep more of your money, like keeping savings in Roth accounts that allow for tax-free retirement withdrawals. But where you retire matters too.
Currently, 13 states don't tax retirement withdrawals from 401(k)s or IRAs. Here's what you need to know about them.
Source Fool.com