Telephone: +0800 123 4567
+0800 123 4567
 

46. Arkansas

Advertisement
Photo: Flickr.com/Linda Tanner
Advertisement

Average annual benefit: $16,642

In the Natural State, 439,558 retirees collected average monthly benefits of $1,386.84. Tax-friendly Arkansas does not tax benefits, and retirement income is only partially taxed with offered deductions.

Homestead exemptions may further reduce low property taxes. While sales tax is very high, a 9.53% state average, medicines are exempt. Grocery taxes are 0.125%. There’s no inheritance or estate taxes, but capital gains are taxed.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement