Comments on: Places to Retire with Low Income Taxes

By: Mr. Libris Fidelis

Mr. Libris Fidelis — Sat, 06 Aug 2011 04:28:54 +0000

I don’t know where you get your mis-information from, but it is by Congressional laws that US veterans pensions are TAX EXEMPT at EVERY level of government, from community to state to federal levels! It has been that way for decades!!!

By: Mike Speciale

Mike Speciale — Sun, 12 Jun 2011 16:42:29 +0000

States decide whether or not to tax military pensions on their own. There is no federal law regarding this, and it would be unconstitutional if there were. North Caroling does not tax my military pension, but new retirees will be taxed, due to a lawsuit a few years ago where the State lost because they were taxing military pensions but not state pensions. Those that were already retired by a certain date were then made exempt from State taxes, but all retirees after that date will be taxed.

By: Kenneth Vaughn

Kenneth Vaughn — Wed, 23 Jun 2010 21:04:09 +0000

There is no federal law making military pensions tax exempt. Military pay is taxable by individual states according to each states laws not the federal governments.

By: Mr. Libris Fidelis

Mr. Libris Fidelis — Sun, 21 Mar 2010 14:33:41 +0000

You did not mention that by Congressional law, military pensions are tax-exempt to ALL US states and possessions. I tried filing a tax return in Missouri and was informed of this federal law. Department of Veterans Affairs confirmed that veterans’ pensions are tax exempt in every state.

By: Helen

Helen — Sat, 22 Aug 2009 13:22:25 +0000

Nice summary of low-tax retirement places. Would be great if you could add in places with a low cost of living, too.