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Sunday, November 15, 2026Nov 15

What are the top five most tax-friendly states for retirees?

Kiplinger magazine recently rated states for their tax burden on seniors. Oil-rich and gambling states tend to have to lowest tax rates for retirees.

1 Alaska, no income tax, state sales tax or estate or inheritance tax

2 Nevada, no state income tax, estate tax or inheritance tax. State sales tax of 6.85 percent

3 Wyoming, no state income tax, estate tax or inheritance tax. State sales tax of 4 percent.

4 Mississippi, state income tax of 3 percent, state sales tax of 7 percent and no estate or inheritance tax