From the category archives:

Taxes

10 Great Low Tax Retirement Communities

by Bill Ness on January 16, 2012

Along with sunshine, gorgeous scenery and resort-style amenities, the perfect retirement destination also includes retirement-friendly tax laws. While you should consult a tax professional for more specific information, here is an overview of some of our favorite low-tax retirement communities.

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8 Terrible Tax States for Retirees

by Bill Ness on September 12, 2011

Each year, Kiplinger and other financial analysts offer advice on which states are the most and least tax-friendly destinations for retirees. The criteria for these lists can vary, but they generally attempt to look at the total tax burden including taxes on income, property, sales, pension, Social Security benefits and inheritance.

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Want Low Taxes? Move to Delaware

by Susan Quilty on June 29, 2011

Delaware may be America’s second smallest state, but this tiny gem offers many attractive features for active adults. There are historic sites, quaint coastal towns, outlet shopping centers and amenity-rich active adult communities. Best of all, Delaware is one of the most tax-friendly states in the country.

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5 Best Low Tax Retirement States

by Susan Quilty on May 19, 2011

When it comes to saving money, most retirees understand the benefits of moving to a low tax retirement location. However, some of the most tax-friendly retirement states may not be the best fit when you consider other factors such as climate, culture and proximity to family and friends.

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Do Lower Home Prices Equal Lower Property Taxes?

by Susan Quilty on April 4, 2011

As home values have fallen, most homeowners think that they will be paying less on property taxes. Unfortunately, that is not always the case. In fact, some homeowners have found that their property tax rates have gone up, despite the fact that their homes are worth less. How does this happen, and is there anything homeowners can do about it?

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No Income Tax States: Good or Bad?

by Susan Quilty on January 28, 2011

When looking for a place to retire, active adults sometimes assume that a state that does not have state income taxes will be a more affordable place to live. This is not always true.

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8 Great Low Tax Active Adult Communities in Delaware

by Susan Quilty on October 29, 2010

Each year many active adults retire to communities all along the east coast. To make the most of their retirement funds, retirees often search for areas that have low taxes and other financial incentives. Delaware is one great retirement state that offers low taxes, including no sales tax. If you are interested in retiring to Delaware, here are eight communities worth considering.

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5 Tax Friendly Retirement States

by Susan Quilty on April 28, 2010

When heading toward retirement, savvy active adults begin looking for ways to stretch their savings. Choosing a tax friendly state as a retirement destination is a smart way to make the most of a fixed income, yet finding the best location can take a bit of research.

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Florida Lowers Property Tax

by Bill Ness on February 4, 2008

On Tuesday, voters in Florida overwhelmingly approved a bill to lower property taxes across the state. The bill overhauls state property tax laws and will save the average homeowner $240 a year. While the passage comes as a surprise to some, it seems logical that the bill would pass in a state that has seen a major, recent increase in the number of people aged 55+ in recent years.

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