Most and Least Tax-Friendly States in the US for Seniors

1 Least: Illinois

Illinois has been plagued by economic issues in recent years, and it is for this reason that the Prairie State is featured at the top of our list of the least tax-friendly state in the United States. While the majority of states do not add sales tax to food and drugs, Illinois does, to the tune of a minimum of 1%.

Photo by Antonio Gabola on Unsplash

Illinois is also one of a handful of states that still levies an estate tax, and it also charges the highest mean state and local tax on wireless cellphone services. Finally, the cost of living is further increased due to the high gas taxes in the state, which are the third-highest in the country. You might want to avoid this state to get the most of your retirement funds.