Retirement
fromwww.businessinsider.com
5 days agoUS states ranked by how much of their income residents pay in taxes, from least to most
Tax burden varies by state, with some states having no income tax and others imposing high rates.
Neither state will collect state income tax, which means any 401(k) withdrawals, IRA distributions, pension payouts, and Social Security benefits are all untouched at the state level. The advantage shared by both states is also what makes this comparison all the more interesting. If neither state takes a cut of your retirement income, then the real question isn't about your 401(k) at all.