What Florida actually takes from a 401(k) withdrawal, a pension, and Social Security — in dollars, against the state’s own brackets and exclusions rather than a yes-or-no list.
None of your retirement income is taxed by Florida. The calculator still runs so you can see the total and compare it against another state with the switcher above — federal tax is a separate matter this page does not model.
Long-term index-fund growth after expense-ratio drag — and what your state takes from the gains at withdrawal.
When your RMDs start under SECURE 2.0, how much this year's is, and what missing it costs.
2026 limits, employer match, the 60-63 super catch-up, and whether the Roth catch-up mandate applies to you.
A required minimum distribution is ordinary income, taxed at your top bracket and often pushing you into the next one. Here is the federal tax on RMDs from $20,000 to $75,000 at different income levels, why the default 10% withholding usually leaves a bill, how to avoid an underpayment penalty, and the three side effects that make the real rate higher than the bracket.
The required minimum distribution on every common balance at every age from 73 to 95, worked from the IRS table, plus what happens to the account over twenty years of withdrawals at 0%, 5% and 7% returns. The short version: the share you must take rises every year, and at good returns the dollar amount keeps rising with it.
What moving actually saves, on your own income mix rather than a headline rate — and how to establish domicile so the state you left cannot follow you.
Which account to draw first, priced. The three cliffs a withdrawal can cross without warning, the conversion window almost nobody uses, and why the order is the last big decision you can still change.
Florida guide
Florida is the state people move to in retirement, and the reason is usually stated in four words: no state income tax.
That part is true, and it is more durable than most people realise — it is written into the state constitution rather than into a statute a future legislature could repeal.
What almost nobody prices is the other side of the ledger. Florida has the highest average home insurance premium in the United States at $8,375 a year. On a fixed income that is not a footnote. It is larger than the state income tax bill most retirees were escaping.
A note before you start. This is general education, not tax advice. Every state figure here comes from this site's own fifty-state income-tax dataset and its retirement tax engine, computed for a single filer aged 70 unless stated otherwise; property tax, median home price and insurance figures come from the site's core state dataset. Rates are for tax year 2026. Insurance premiums in particular move fast in Florida, and a figure that is doing real work in your decision is worth confirming against an actual quote.
Nothing. Not on any stream, at any age, at any income.
Every one of those is $0 for the same structural reason, and it is worth understanding rather than memorising: Florida has no individual income tax at all, so it never draws the distinctions other states spend pages on. There is no exclusion amount to fall below, no age to reach, no income ceiling to phase out against, and no separate treatment for a government pension versus a private one.
That is unusual even among the no-income-tax states. Most states that exempt retirement income do it by carving exemptions into a tax that exists — which means conditions, thresholds and phase-outs. Florida has nothing to carve.
Read the full Florida guide →17 min read · Updated 2026-09-03