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Should You Retire in Alaska?


If you want to minimize taxes in retirement, Alaska may be on your radar. It has the lowest tax burden of any U.S. state.

Residents also get a cut of the state's oil wealth, courtesy of annual dividends from the Alaska Permanent Fund, which often exceeds $1,000. But if you're nearing retirement age, don't start packing your bags for America's Last Frontier just yet.

Image source: Getty Images.

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Source Fool.com


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