Thanks to our friend Donna Hartl for passing along this article.
As retirees consider where to set up for their golden years, taxes become a big issue. A lesser known provision is how different states tax retirement income, from Social Security to pensions, and other distributions. Taxes are a big consideration for retirees, but the states that tax retirement income may not be the ones that you think.
This article lists the retirement tax status of the different states. Even the State of Illinois- FourStar’s HQ state– is not a taxer of retirement income, so perhaps it’s worth having a look at Illinois for your retirement dreams!
~ Brian Kasal- The Leadership Matrix
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