10 Most Tax-friendly States for Retirees

August 1st, 2021

We’ve got exciting news for those looking to enjoy their retirement life with the best of everything — including tax advantages. That’s a big deal. Kiplinger ranked Tennessee in their top 10 tax-friendly states for retirees in 2021. Tennessee has tremendous financial advantages that will work hard for you so you can enjoy life more. Did you know that in Tennessee, you won’t have to pay taxes on Social Security benefits, pensions, or allotments from retirement plans? We like the sound of that. Another significant tax advantage living here is that there are no estate or inheritance taxes. In other states, the estate tax rate can range from 17-40%.

Read the entire article by Kiplinger’s Rocky Mengle and David Muhlbaum here.