Affording to retire can be difficult enough, and having your retirement income taxed can leave you with less money.
To start, the federal government taxes income from a 401(k) retirement plan, traditional IRA or pension, along with taxing Social Security benefits. In addition, most states tax at least some part of retirement income.
However, there are a dozen states that don’t tax the most common types of retirement income: 401(k)s, IRAs and pensions. Below are some quick highlights of how thos...