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Your email address will not be published.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. 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
  2. gino V black says:
    June 29, 2023 at 2:54 pm

    they taxed my social securty in 23.

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Search

Latest Posts

  • Watercolor illustration of a large itemized scroll lying across a grassy hillside by a graveyard and chapel. The Hidden Funeral Costs That Catch Families Off Guard
  • A man tightens straps on cardboard moving boxes in a pickup truck bed outside a desert home while a woman walks inside. The Best States for Retirees Who Want to Skip State Income Taxes
  • A mature woman in a rust jacket unloads a duffel bag from an SUV trunk outside an adobe home with mountains behind. 8 Social Security Rules Every Divorced Retiree Should Understand
  • Older man at a credit union counter reviewing a deposit confirmation slip while holding a pen over a ledger. 7 Ways to Check That Your 2027 Deposits Are Correct
  • A smiling senior woman holds a harbor tour clipboard while standing on a brick waterfront promenade beside docked boats. 9 Retirement Towns With Strong Part-Time Job Markets for Seniors
  • Illustration of an April calendar, planter boxes, and a balance scale weighing tax deductions against retirement cash flow. 7 Tax Refund Mistakes Retirees Make Every Spring
  • Illustration of a U.S. Treasury check balanced on an arm connected to clockwork gears above an age timeline. 8 Social Security Check Mistakes Retirees Should Avoid
  • Travel insurance document, US passport, first aid kit, boarding pass, watch, water bottle, and sunglasses on a wooden floor. 10 Signs You Need Travel Insurance
  • An older man working in a woodworking shop pauses and looks back suspiciously at a ringing landline wall phone. 10 Phone Calls Claiming to Be From Medicare That Are Really Scams
  • Screenprint illustration of the continental United States map with ten stepped, rocky plateaus rising from different regions. These 10 States Will Get the Largest Social Security Increases From the 2027 Trump Bump COLA

Newsletter

Get money-saving tips and personal finance advice delivered to your inbox.

Related Articles

retirement

10 Ways to Cut Down on Taxes in Retirement

Retirement is meant to be easy, but with inflation rising, the overall situation is more…

Read More →
A graph showing the comparison between a standard deduction amount and itemized deductions for a retired couple, illustrating which option results in lower taxable income.

10 Overlooked Tax Deductions for Retirees

3. Qualified Charitable Distributions (QCDs) The Qualified Charitable Distribution, or QCD, is arguably the most…

Read More →
tax deduction

Bigger Refunds Ahead? What the New SALT Cap Means

Bottom Line The higher SALT deduction cap could be a game-changer for some taxpayers—but not…

Read More →
A graph showing IRS income thresholds for determining the taxability of Social Security benefits for single filers and married couples filing jointly, along with the corresponding tax percentages.

The Tax Implications of Your Social Security Benefits

Strategies to Manage Your Retirement Income and Reduce Taxes Seeing that up to 85% of…

Read More →
refund

All About Tax Refunds: 7 Important Things You Need To Know

A woman uses a stylus and tablet to review financial documents, staying organized to avoid…

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 →
A retired couple reviews their tax documents and budget at a sunlit wooden kitchen table in a warm, candid photographic scene.

7 Signs Your Tax Withholding Needs Adjusting in Retirement

Learn 7 key signs your retirement tax withholding needs adjusting. Avoid IRS penalties and optimize…

Read More →
A confident woman working on her taxes at a bright, organized home office desk.

IRS Alert: 6 Mistakes That Could Inflate Your Tax Bill

Tax season 2026 is here with new laws and higher deductions. Avoid these 6 costly…

Read More →
Watercolor illustration of a senior couple walking down a trail past milestone markers labeled 2027, Tax Policy, and 2028.

What Are the Projected IRMAA Brackets for 2027 and 2028?

Learn the projected Medicare IRMAA brackets for 2027 and 2028, how the two-year lookback works,…

Read More →
The Money Place

Make money work for you!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Contact
  • Editorial Policy
  • Advertiser Disclosure
  • FAQ
  • Subscribe
  • Unsubscribe
  • Privacy Policy
  • Terms and Conditions
  • Disclaimer
  • Do not sell my personal information
  • Request to Know
  • Request to Delete
  • CA Private Policy

Categories

  • Budgeting
  • Personal Finance
  • Shopping
  • Taxes

© 2026 The Money Place. All rights reserved.