Best State To Retire In 2024 For Tax Purposes For Retirees. The best state to retire on a fixed income is alabama. Retirees expect to pay minimum taxes, especially taxes on income,.
The 11 states that tax social security are colorado, connecticut, kansas, minnesota, missouri, montana, nebraska, new mexico, rhode island, utah and vermont. Alaska has the lowest tax burden of any state at 5.06%.