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.

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

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