5 States That Don’t Tax Retirement Pension Payouts

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1. Mississippi

Insider Monkey Score: 25

Cost of Living Index: 86.3    

Tax Friendliness: Very Tax-Friendly

This isn’t the first time Mississippi is bagging the first place on our list. The state doesn’t tax retirement income or pension payouts, is very tax-friendly, and even has a low cost of living. The winters are warm here, making it an ideal destination to retire to. Moreover, property taxes are low and sales taxes are moderate as well.

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