Tag: state taxes

October 12, 2025 Off

Where to Retire Rich: The Best States for Your Finances

By The Admiral Staff

The article identifies the best states for retirement based on financial considerations like taxes and cost of living. It highlights states with no income tax (Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming) but notes they may have high property taxes. The top 5 overall financially friendly states for retirement are Mississippi (no taxes on Social Security, pensions, IRAs, or 401(k) withdrawals), Arkansas (low cost of living), Tennessee (no

April 15, 2024 Off

The Electric Vehicle Tax: Is Your Savings Still Worth It?

By The Admiral Staff

Due to declining fuel tax revenue as more people switch to electric vehicles, over 30 states are now implementing registration fees for EVs and hybrids to offset the lost funds. These fees vary significantly by state, ranging from as low as $50 to over $300 annually, and some states charge hybrids as well. While these fees add to the cost of EV ownership, potential savings in fuel and maintenance, plus available incentives like tax credits and HOV lane access, should be considered when evaluating