New Delhi, June 21 -- You may have paid a substantial amount of taxes to the government during your professional life, but it does not mean that you will stop paying taxes once you retire. There are states that tax your retirement income, too, other than a few. Here's a look at some of the US regions that do not tax your retirement income.
No one in Alaska pays state taxes, as the region does not levy an income tax. This clearly means that you will not be taxed for the retirement benefits received, including the likes of Social Security benefits, pension income, or 401(k) or IRA distributions, according to a USA Today report. However, local sales taxes in Alaska can reach as far as 8%, and therefore, you need to make your necessary calcu...
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