Retirees in search of excitement need to look no further than Las Vegas, where the city’s famed Strip offers almost unparalleled access to nonstop shows, games and fine dining.
But our area also offers scenic natural beauty, mild winters and endless sunshine as draws for retirees seeking a warm place to enjoy their retirement years. Look beyond the city’s natural beauty and dazzling bright lights, however, and you’ll find the reasons why Kiplinger’s and MarketWatch name Nevada as one of the most tax-friendy states for retirees: No state taxes on retirement income and a relatively low cost of living combine to create an ideal retirement destination.
As tax season approaches, it’s important to understand the key numbers and statistics that can impact your bottom line. Check out the infographic below to navigate some of the important figures that may affect your taxes in retirement.
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.