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Tax Benefits of Living in Delaware



The Delaware Advantage

Choosing Delaware as a retirement location, is more popular than ever. Retirees living on the east coast find Delaware to be not only centrally located, but offers low taxes and great cultural and recreational activity.  U.S. news and World report recently named Delaware as one of the ten most affordable places to retire on the water http://www.ideal-living.com

  1. No Sales Tax
  2. Local Real Property taxes are amont the lowest in the Country
  3. No personal property or inventory taxes
  4. No State tax on social security and Railroad Retirement benefits
  5. Exclusion of part of your pension, 401K, or other retirement income - from state taxes

*For more information on current tax benefits, refer to http://www.delaware.gov the above information is not to be construed as tax advice, and is provided soley as a courtesy.

 

 

 

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