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Don’t retire here. Eight states don’t tax 401k.

Posted on 8/22/19 at 5:45 am
Posted by pforgetiger
Member since Jan 2019
33 posts
Posted on 8/22/19 at 5:45 am
Do your homework and find out how this state makes retirees suffer. Not only can you avoid those taxes, you can also avoid pension taxes.
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/22/19 at 6:16 am to
quote:

Don’t retire here.


Where is here?

quote:

Eight states don’t tax 401k


Care to share which states those are?

You haven’t really given anyone any info, especially if you’re trying to help
Posted by BeerMoney
Baton Rouge
Member since Jul 2012
8400 posts
Posted on 8/22/19 at 6:20 am to
Appreciate the thought. Just looked it up. Florida or Texas, here I come one day.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119544 posts
Posted on 8/22/19 at 7:53 am to
Would love a link or data for this?
Posted by TheRustyShackleford
Baton Rouge
Member since Jun 2017
133 posts
Posted on 8/22/19 at 8:07 am to
"Retirement analysts hate him... see how this one TD Poster scammed the game"
This post was edited on 8/22/19 at 8:08 am
Posted by LSURussian
Member since Feb 2005
126966 posts
Posted on 8/22/19 at 8:50 am to
quote:

Eight states don’t tax 401k.
No states "tax" 401(k)s. Nor does the federal government.
Posted by yatesdog38
in your head rent free
Member since Sep 2013
12737 posts
Posted on 8/22/19 at 8:59 am to
It is called a state income tax. Yes some states don't have it.

genius you are not
Posted by Stiles
Member since Sep 2017
3405 posts
Posted on 8/22/19 at 9:59 am to
quote:

pforgetiger

You need a ban from this board.
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1585 posts
Posted on 8/22/19 at 10:06 am to
If you move your business to Puerto Rico, you won't have Federal tax NOW.
Posted by HotBoudin
Metry
Member since Sep 2003
885 posts
Posted on 8/22/19 at 10:16 am to
Move to Mississippi.
Posted by NOSHAU
Member since Feb 2012
11980 posts
Posted on 8/22/19 at 1:19 pm to
If you are simply talking about states without income tax, there are 9 I believe.
Posted by kengel2
Team Gun
Member since Mar 2004
30927 posts
Posted on 8/22/19 at 3:17 pm to
Posted by tirebiter
7K R&G chile land aka SF
Member since Oct 2006
9285 posts
Posted on 8/31/19 at 12:20 pm to
WY has no income tax. GA allows married couples 65 and over up to $135k of income without income tax - just about any type of income including from retirement accounts, taxable accounts, rental, etc. Still ranked as one of the bottom 10 for senior living.
This post was edited on 8/31/19 at 12:21 pm
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