Make money work for you!

  • Home
  • Personal Finance
  • Budgeting
  • Shopping
  • Taxes

You’re Free! These 5 States Won’t Tax Your Social Security

June 16, 2023 · Taxes
tax your social security
Image By Sue Smith From Shutterstock

4. Indiana

As opposed to some of the other states on our list, the Hoosier State does have its own state-specific tax system. Yet, the state will not tax your Social Security because they do not consider these earnings that come from benefits to be part of your taxable income.

So if you are considering moving to Indiana, rest assured that this state will not start taxing your social security benefits overnight. Another thing that you should be thankful for is the fact that this state also has a great tax percentage when it comes to any wages you would get, regardless of your age. So if you plan to keep on working in retirement, you will be taxed a flat rate of 3.23% on your income that is subject to taxes. Just keep in mind that localities can add their own taxes as well.

The Hoosier State also has virtually no local-imposed sales taxes, and the general state-wide one is 7%, with property taxes being under the median national average.

When it comes to taxes, Indiana is a great state to consider for relocation, especially since it also has four seasons and affordable housing options!

Pages: 1 2 3 4 5 6

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

2 comments on “You’re Free! These 5 States Won’t Tax Your Social Security”

  1. gino V black says:
    June 29, 2023 at 2:54 pm

    they taxed my social securty in 23.

    Reply
  2. Sandra Berns says:
    July 19, 2023 at 5:09 pm

    hope I am in one of the states that will send checks and not tax

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Latest Posts

  • Holiday Scam 10 Holiday Tax Scams That Turn Your Ho-Ho-Ho Into Oh-No!
  • 5 Costco Products That Cost More Due to Trump’s Tariffs
  • protect your wallet from inflation 6 Bills That Changed After Trump Returned to Office
  • Amazon Are You Eligible For a Refund From Amazon? Find Out Here!
  • social security, income 7 Social Security Benefits That Will Change SOON

Related Articles

taxes

10 Unbelievable Things Your Taxes Are Paying For

4. Determine Whether Playing with Barbie Dolls Improves Face Recognition In 2016, researchers at the…

Read More →
tax season, save

8 Tax Season Preparation Steps (2023)

4. Round Up Your Receipts The receipts you’ll have to provide depend on whether you…

Read More →
tax deduction

Small Business Owners Can Get These 20 Tax Deductions Now

Would you like to have your tax bill reduced? A tax deduction, also known as…

Read More →
tax deductions, change

10 Tax Deductions to Benefit From if You’re Self-Employed

As a self-employed person, you must handle your own taxes, or you can hire an…

Read More →
Stimulus Check

These 18 States Are Sending Out Stimulus Checks Now!

4. California – Up to a $1,050 Tax Credit Approximately 23 million citizens of California…

Read More →
Tax

5 Tax-Efficient Ways to Share Wealth with Kids

Have you thought about how your taxes could affect your child’s financial future? Parents and…

Read More →
income retire stealth

10 Types of Retirement Income Tax You Need to Know About

Life Insurance  Any kind of proceeds you might receive as a beneficiary of a life…

Read More →
tax return

6 Tax Return Secrets Most Accountants Hide From You

4. Hire the right kind of professional to help you submit your taxes For some…

Read More →
tax

7 Random Things You Will Get Taxed For

4. Stolen Property If you staged an at-heist last year, embezzled money, or robbed a…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Subscribe
  • Unsubscribe
  • Newsletter
  • Terms and Conditions
  • Do not sell my personal information
  • Privacy Policy
  • Contact

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2025 The Money Place. All rights reserved.