5 States That Don’t Tax Social Security Or Pensions

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1. Mississippi

Cost of Living Index:85

Tax-friendly state, low cost of living, and warm winters make Mississippi worth considering for retirement. The state exempts all kinds of retirement income from taxation. State’s property taxes are low at 0.75%, while sales tax is moderately high at 7%.  Moreover, residents of this state are provided with a homestead exemption. Elders over age 65 can also avail a bonus exemption where the first $7500 is fully exempt in home value.

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