It's True: These 13 States Don't Tax Retirement Income
If given the choice, would you rather not pay taxes? That's not a real choice, of course. No matter where you live or what level of income you're earning, you are taxed...even if it's just sales tax or property tax.
In a handful of states, however, retirees' tax burden is eased simply because those states don't tax retirement income. This could mean thousands of dollars' worth of annual savings -- maybe more -- if you live in one of these states or are willing to move to one. And depending on how your retirement income is produced, several other states could also prove tax-friendly to your personal situation.
Here's a look at the nitty-gritty that may end up inspiring you to move.
Source Fool.com
