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23. Massachusetts. State sales and average local tax: 6.25%. State tax on Social Security: None. Effective property tax: 1.44%. Income tax rate (65+): 4.25%. Despite its nickname "Taxachusetts ...
New Hampshire*. South Dakota. Tennessee. Texas. Washington. Wyoming. *While New Hampshire doesn't tax workers' wages, note that it will tax interest and dividend payments in excess of $2,400 per ...
Florida. Nevada. New Hampshire. South Dakota. Tennessee. Texas. Washington. Wyoming. Note that while New Hampshire does impose a 5% tax on investment income (dividends and interest earned), it ...
Taxation in the United States. State tax levels indicate both the tax burden and the services a state can afford to provide residents. States use a different combination of sales, income, excise taxes, and user fees. Some are levied directly from residents and others are levied indirectly. This table includes the per capita tax collected at the ...
States that don’t tax 401 (k) include Alaska, Illinois, Florida, Nevada, New Hampshire, South Dakota, Mississippi, Pennsylvania, Washington, Texas, Wyoming and Tennessee. That said, in ...
Public employee pension plans in the United States. In the United States, public sector pensions are offered at the federal, state, and local levels of government. They are available to most, but not all, public sector employees. These employer contributions to these plans typically vest after some period of time, e.g. 5 years of service.
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