For outdoors, mountain and winter weather enthusiasts, few major cities beat the splendor of Denver and its Rocky Mountain back yard. The Mile High City offers residents a dynamic lifestyle with a beautiful backdrop, as well as a reasonable tax environment for retirees. As MarketWatch and Kiplinger’s note, our state offers sales tax rates below the national average, reasonable property taxes and exemptions on retirement income.
But maximizing your retirement income can also mean staying on top of your taxes. We’ve created this visual guide to help you navigate some of the most important numbers and facts impacting Denver retirees at tax time.
Please note that Allstate Life Insurance Company or its agents and representatives cannot give legal or tax advice. The brief discussion of taxes on this page may not be complete or current. The laws and regulations are complex and subject to change. For complete details consult your attorney or tax advisor.
Securities offered by Personal Financial Representatives through Allstate Financial Services, LLC (LSA Securities in LA and PA). Registered Broker-Dealer. Member FINRA, SIPC. Main Office: 2920 South 84th Street, Lincoln, NE 68506. (877) 525-5727. Check the background of this firm on FINRA’s BrokerCheck website.
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