Learn why Iowa is one of the best states to retire tax-wise. Discover how recent tax changes, affordable living, and community make staying in Iowa a smart retirement decision.
Iowa retirees don't need to chase sunshine to find tax savings — they're already living in one of the most retirement-friendly states in the country.
Yet every year, thousands of Midwesterners consider leaving for states like Florida or Texas, lured by promises of "lower taxes."
Here's what most don't realize: the math rarely works out the way they expect.
Yes, Florida and Texas have no state income tax. But higher property taxes, skyrocketing homeowners insurance, and elevated costs of living often wipe out any tax savings — and then some.
Meanwhile, Iowa quietly transformed itself. Thanks to sweeping tax reform, it's now one of the best-kept secrets in retirement planning.