Best State To Retire In 2024 For Tax Purposes In India. Florida tops the list of the best states for retirement with excellent scores across affordability, quality of life, and healthcare. Of special interest to retirees are generally issues such as whether social security benefits are taxable at the state level, what property taxes will be levied and how retirement account and pension withdrawals are taxed.
Three states eliminated their social security tax in 2024. While 9 states tax social security benefits to some extent, the majority do not.