Tax Friendly Places To Consider for Retirement
September 20th, 2009 by Skip McGrath
This is a short post today. Just wanted to point out a great article in the Washington Post that breaks down all of the tax implications for retirement.
The states with no income tax include seven states: Alaska, Florida, Nevada, South Dakota, Texas, Washington and Wyoming. New Hampshire and Tennessee tax only dividend and interest income that exceeds certain limits. But there is more to the story. You also need to look at property taxes, sales taxes and the cost of housing and transportation and medical care.
Here is a link to the article in The Washington Post that breaks down some of the confusion:
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