Telephone: +0800 123 4567
+0800 123 4567
 

14. Virginia

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Pexels.com/Craig Adderly
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Average annual benefit: $18,084

In The Old Dominion State, 1,078,144 retirees collected average monthly benefits of $1,507.01. Virginia doesn’t tax benefits and is tax-friendly for retirees, especially the up-to-$12,000 exemption on other retirement income.

Sales tax is 5.3% by the state, with additional local taxes in some areas. Groceries are statewide taxed at 2.5%. There are no inheritance or estate taxes. State income taxes range from 2% to 5.75%, based on taxable income.

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