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What Is The Most Tax Friendly State To Retire In? [Solved]
Wow! Alaska, Delaware, Wyoming, Florida and New Hampshire are the five most tax-friendly states for retirement in 2023. You won’t have to worry about state income, Social Security, estate or inheritance taxes in Alaska - plus it has a super low average state and local sales tax of 1.76%. Delaware is great too with no sales tax and no Social Security taxes. Wyoming also has no state income or Social Security taxes. Florida’s got you covered with no estate or inheritance taxes either. And last but not least, New Hampshire offers no sales tax and low property taxes. So if you’re looking for a place to retire without breaking the bank on taxes - these five states are your best bet!
