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15 States That Don't Tax Pension Income

Are pensions taxed?


Most states tax at least a portion of the income from many types of retirement benefit plans. Your state might have a pension exclusion, but chances are it's limited based on your age and/or income. However, there some states that don't tax pension income no matter your age or how much money you have.


But, of course, just because a state doesn't tax your pension doesn't mean it won't tax other types of retirement income. Some states might not tax Social Security retirement benefits but will tax 401(k) and IRA distributions. It's always a good idea to see how each state taxes retirees before relocating. You wouldn't want an unpleasant surprise when it comes time to file your tax return.


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