Taxes Affect Retirement

Every state collects taxes differently, which is important to consider as you are making your decision about where to retire. If you are using your self-directed IRA to invest in real estate, you may want to closely consider a state’s property tax. Or perhaps moving to a state that collects no individual income tax is attractive. The Tax Foundation breaks down each state’s sources of state and local tax revenue between fiscal years 2008 and 2010.

This entry was posted in Individual Retirement Accounts, IRA, Taxes. Bookmark the permalink.

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