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Old 08-28-2012, 07:28 AM
 
47 posts, read 163,122 times
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Any info on taxes imposed on retrees would be helpful I have researched this subject , but would like to hear from retirees that have relocated from IL. to Az. Any info on pensions,401k,403b,retirement annuities,license platees fees, personal property taxes, real estate taxes would be helpful .Thanks
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Old 08-30-2012, 06:12 PM
 
23 posts, read 107,156 times
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Moved here to Vail from Illinois one year ago. Pension is taxed, vehicle registration and insurance cost more here. Homeowners insurance is much less here, as are the property taxes. Property taxes are approximately 25% of what we were paying in Crook County. Gasoline is much cheaper also. For the rest of the tax info on your retirement stuff I think it's taxable, but check with a tax guy for sure. The wages are extremely low here compared to similar jobs back there
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Old 09-02-2012, 03:06 PM
 
Location: Phoenix, AZ > Raleigh, NC
18,525 posts, read 24,871,651 times
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Taxes by State
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Old 09-05-2012, 02:54 PM
 
3,573 posts, read 5,191,881 times
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I am considering moving either to Prescott or Denver from TX and the taxes are something that is giving me pause. My state retirement would be taxed to the fullest but the property taxes are a fourth of what they are here. Of course, TX has no income tax. I am assuming that the AZ income tax would be deductible though on Fed. income tax. in CO, there is a minimum that is tax free and then taxed above that ( which I would qualify). The link provided is very helpful and I have used it prior to this post.
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