10 great tax havens for retirees

Sioux Falls, S.D.

Each second, the Big Sioux River pours 7,400 gallons of water down the 80-foot falls for which the city is named. Falls Park's 50-foot observation tower offers panoramic views of its 42 acres and beyond. Nearby Montrose is home to the Porter Sculpture Park, where visitors can marvel at a 60-foot statue of the extinct Egyptian longhorn.

Learn more about Sioux Falls, S.D., at USNews.com.

By Emily Brandon, U.S. News & World Report

More on taxes and retirement:

Read: 10 great low-tax places to retire

Read: How to find a low-tax place to retire

Read: High-tax places to live

10 great tax havens for retirees

Cheyenne, Wyo.

The city, famous for hosting the largest outdoor rodeo in the world, is cutting its budget to try to stave off tax increases. Wyoming is one of seven states without income tax.

Learn more about Cheyenne, Wyo., at USNews.com.

10 great tax havens for retirees

Stafford, Texas

This suburb has no income or city property tax and boasts the lowest sales tax in the Houston area. Retirees can take in ballet, theater, concerts and seminars presented at the 90,000-square-foot Stafford Centre or traverse the 35 acres of green space throughout the city.

Learn more about Stafford, Texas, at USNews.com.

10 great tax havens for retirees

Spokane, Wash.

Spokane's business-friendly tax structure keeps the economy humming along. After work at their second careers (free of state income tax), retirees can stroll along the river running through the center of town or hike in the nearby mountains.

Learn more about Spokane, Wash., at USNews.com.

10 great tax havens for retirees

Doral, Fla.

The Sunshine State is another income-tax-free zone. The Doral Golf Resort & Spa hosts a PGA tournament every year. And Doral is just 1 mile from the Miami airport and 12 miles from downtown Miami.

Learn more about Doral, Fla., at USNews.com.

10 great tax havens for retirees

Billings, Mont.

Montana has no state sales tax. But low taxes don't mean few amenities. Billings preserves remnants of prehistoric Native American culture at the Pictograph Cave historic site and features historic and contemporary art at the Yellowstone Art Center. The 120-mile drive from Billings to Yellowstone National Park offers views of glaciers, mountains and lakes.

Learn more about Billings, Mont., at USNews.com.

10 great tax havens for retirees

Henderson, Nev.

Las Vegas' less glittery cousin is only a short drive from the Strip, the Hoover Dam and Lake Mead. Retirees can also take in a show at the largest outdoor amphitheater in the state or check out the bird-viewing preserve. The Hyatt Regency is situated on Lake Las Vegas and boasts 25 acres of waterfront.

Learn more about Henderson, Nev., at USNews.com.

10 great tax havens for retirees

Manchester, N.H.

New Hampshire has no sales or income tax, and withdrawals from 401(k)s and IRAs are also tax-free at the state level. Instead, the state levies a 5% tax on interest and dividend income of more than $2,400 annually ($4,800 for couples). An additional $1,200 is tax-exempt for residents 65 and older.

Learn more about Manchester, N.H., at USNews.com.

10 great tax havens for retirees

Nashville

Senior citizens in the Music City less than a certain income level — $35,390 in 2007 — may be able to freeze the amount of property tax due on their primary residences. Tennessee also does not tax earned income, except for dividends and interest.

Learn more about Nashville at USNews.com.

10 great tax havens for retirees

Juneau, Alaska

It pays to live in the largest state in the union. Alaska has no income or sales tax, and residents receive annual dividend payments from the Alaska Permanent Fund. Seniors in Juneau are exempt from the city's sales tax and also get large property-tax exemptions.

Learn more about Juneau, Alaska, at USNews.com.

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10 great tax havens for retirees

Sioux Falls, S.D.

10 great tax havens for retirees

Cheyenne, Wyo.

10 great tax havens for retirees

Stafford, Texas

10 great tax havens for retirees

Spokane, Wash.

10 great tax havens for retirees

Doral, Fla.

10 great tax havens for retirees

Billings, Mont.

10 great tax havens for retirees

Henderson, Nev.

10 great tax havens for retirees

Manchester, N.H.

10 great tax havens for retirees

Nashville

10 great tax havens for retirees

Juneau, Alaska

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