5 States That Don’t Tax Your Retirement Income

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1. Mississippi

Insider Monkey Score: 18

Tax Friendliness: Very Tax-friendly

Cost of Living Index: 86.3

In the state of Mississippi, all forms of retirement income are exempt from taxation. The state is home to warm winters and the cost of living is 13.7% lower than the national average. The state even has low property taxes and moderate sales tax. There is a homestead exemption available that seniors can avail.

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