What a taxable index-fund account is actually worth after expense-ratio drag and after New York takes its share of the gain — which, in most states, is not at the federal preferential rate.
There is no state equivalent of the federal preferential rate here — a long-term gain is charged at New York's normal income brackets, exactly like wages. This is the common case, and it surprises people who assume the federal 15% carries over. Long-term capital gains are taxed as ordinary income at the full graduated schedule above, topping out at 10.9%. New York taxable income starts from federal AGI, which already includes net capital gain, and the Tax Law provides no preferential rate, no holding-period discount, and no general exclusion — the federal preferential long-term rate does NOT carry over. A New York City resident adds the city tax on top, so a large long-term gain realized by an NYC resident can face a combined state-plus-city marginal rate above 14%, which is among the highest in the country and is the number that matters when comparing New York against a no-income-tax state for a liquidity event.
What your state actually takes from a 401(k) withdrawal, a pension, and Social Security — in dollars, not a yes/no list.
2026 limits, employer match, the 60-63 super catch-up, and whether the Roth catch-up mandate applies to you.
When your RMDs start under SECURE 2.0, how much this year's is, and what missing it costs.
What retiring actually costs across all fifty states in 2026 — the three lines that decide it, why ranking states by income tax gets the answer wrong, the federal rules that follow you everywhere, and the decisions that are worth real money before you move.
New York charges $1,617 in state income tax on a typical retirement income, $6,960 in property tax on its median home and $1,710 in insurance — $10,287 together, which is 38th of 50.
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.