Retiring in Wyoming

Every figure below is sourced to Wyoming’s own publications and dated. Estimates only, and not tax advice.

Retirement tax by state

What your state actually takes from a 401(k) withdrawal, a pension, and Social Security — in dollars, not a yes/no list.

Brokerage account growth

Long-term index-fund growth after expense-ratio drag — and what your state takes from the gains at withdrawal.

Roth vs. Traditional

Decided on the two rates that actually govern it — yours now, and yours at withdrawal, in the state you'll retire in rather than the one you're in.

Contribution limit optimizer

2026 limits, employer match, the 60-63 super catch-up, and whether the Roth catch-up mandate applies to you.

Required minimum distribution

When your RMDs start under SECURE 2.0, how much this year's is, and what missing it costs.

Backdoor Roth pro-rata

What a backdoor Roth conversion would actually cost you in tax — the pro-rata rule most calculators only describe.

Self-directed IRA real estate (UDFI)

The tax a leveraged rental owes inside a self-directed IRA — computed at trust rates, not the rate you'd assume.

Wyoming at a glance

Wyoming has no state income tax, so none of your retirement income — 401(k) and IRA withdrawals, pensions, or Social Security — is taxed at the state level. Federal tax is a separate matter these pages do not model.

  • Wyoming has no individual income tax. The statutory history is worth recording precisely because it is often stated loosely: Title 39, Chapter 7 of the Wyoming Statutes is captioned INCOME TAXES, and its single section, Wyo. Stat. 39-7-101, was repealed by Laws 1998, ch. 5, sec. 4. What remains of income taxation in Wyoming law is Chapter 12, which exists only to preempt the field against local government.
  • Unlike Texas, Wyoming's absence of an income tax is statutory rather than constitutional -- there is no Wyoming constitutional prohibition on enacting one, so the guarantee is weaker in kind even though it has held for decades.
  • Wyoming's revenue rests heavily on mineral severance taxes and on property tax, both of which appear as distinct chapters of Title 39. A household comparing Wyoming with an income-tax state is comparing a different tax mix, not an absence of taxation.