5 States That Don’t Tax Social Security Or Pensions

In this article, we take a look at the 5 states that don’t tax social security or pensions. If you want to check out more states that don’t tax social security, go directly to the 15 States That Don’t Tax Social Security Or Pensions.

5. Wyoming

Cost of Living Index:92.5

Another tax-friendly state that does not tax social security incomes is Wyoming. Withdrawals from retirement accounts are not taxed either. Retirees can expect to have a very small bill considering the property and sales taxes are low too. The effective property tax rate in Wyoming is 0.55%, while the sales tax is 4%. Filled with beautiful scenery, Wyoming boasts the world’s oldest national park called, Yellowstone.