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from24/7 Wall St.
3 days ago

Retiring in Florida vs. Texas: Which State Taxes Your 401(k) Less?

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.
Retirement
#retirement
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#social-security
more#social-security
US politics
from24/7 Wall St.
7 months ago

New York Tops U.S. With $12,685 in Per Capita Taxes, The Lowest Is Just $4,722

Federal tax revenue in fiscal 2024 surpassed $4.9 trillion, greater than top 14 Fortune 500 companies combined.
E-Commerce
fromTODAY.com
7 months ago

12 States Have Back-to-School Sales Tax Holidays: Is Yours One of Them?

Sales tax holidays help relieve financial burdens on parents during back-to-school season.
Real estate
fromSFGATE
7 months ago

New Jersey Just Raised Taxes on Luxury Home Sales-Who's Paying the Price Now?

New Jersey's mansion tax now burdens sellers with a tiered tax ranging from 1% to 3.5%, significantly increasing costs for homes over $1 million.
fromSFGATE
9 months ago

4 States Where Homeowners Can Expect a Property Tax Increase

"Interestingly, 23.4% of properties saw their tax bill go up from 2023 to 2024 without their assessment value increasing, suggesting a tax rate hike independent of home valuation."
NYC real estate
Retirement
from24/7 Wall St.
10 months ago

This Is Where People Pay the Most of Their Income in State Taxes

Tax systems in the U.S. create unequal burdens, varying widely across states despite federal uniformity.
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