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State retirement taxes · 2026

Does New Hampshire tax retirement income?

Short answer: No. New Hampshire has no tax on Social Security or any other retirement income. Wages and pensions were never taxed, and the tax on interest and dividends ended with 2024.

Tax-free retirement income2026 rules Verified October 23, 2026

What’s taxed in New Hampshire

2026 rules.

Social SecurityNot taxed
New Hampshire has no tax on Social Security or any other retirement income.
PensionsNot taxed
Pensions are not taxed.
IRA & 401(k) withdrawalsNot taxed
IRA and 401(k) withdrawals are not taxed.
Military retirement payNot taxed
Military retirement pay is not taxed.
Income tax rateNone
No broad income tax, and from 2025 no tax on interest and dividends either.

Does New Hampshire tax Social Security?

New Hampshire has no tax on Social Security or any other retirement income.

New Hampshire never taxed wages, pensions or Social Security. Its only individual income tax — the Interest and Dividends Tax — was repealed effective January 1, 2025.

Your federal return is a separate question — see how much of your benefit the IRS taxes with the taxable Social Security calculator.

Are pensions taxed in New Hampshire?

Pensions are not taxed.

New Hampshire has no tax on wages, pensions or other retirement income.

Are IRA and 401(k) withdrawals taxed in New Hampshire?

IRA and 401(k) withdrawals are not taxed.

Not taxed. With the Interest and Dividends Tax repealed, there is no state tax on investment income either from 2025.

Required minimum distributions (RMDs) are IRA and 401(k) withdrawals, so the same rules apply. Estimate your RMD.

Is military retirement pay taxed in New Hampshire?

Military retirement pay is not taxed.

What is New Hampshire’s income tax rate?

New Hampshire has no broad income tax.

No broad income tax, and from 2025 no tax on interest and dividends either.

What tax breaks do seniors get in New Hampshire?

None needed for income tax. Local property-tax exemptions for older residents exist but are not covered here.

What changed for 2026?

HB 2 (2023) moved the repeal of the Interest and Dividends Tax up to tax periods beginning after December 31, 2024. Returns for 2024 were still due; there is nothing to file for 2025 or 2026.

The Interest and Dividends Tax was repealed for tax periods beginning after December 31, 2024.

What we couldn’t confirm

  • The state revenue department’s website blocked our verifier, so we don’t show historical Interest and Dividends Tax rates; the repeal itself is confirmed in the statutes.

How New Hampshire compares with its neighbors

Thinking of moving across the line? Here’s how each bordering state treats retirement income in 2026.

State tax is half the picture — check the federal side

Is My Social Security Taxable?How much of your Social Security is taxable using the IRS worksheet — and what the new $6,000 senior deduction changes.Open RMD CalculatorYour required minimum distribution for 2026 or 2027, the exact deadline, and the IRS table math behind it.Open IRMAA CalculatorWill your income trigger Medicare's IRMAA surcharge? See your tier, the yearly cost, and how far you are from the next cliff.Open

New Hampshire retirement tax questions

Does New Hampshire tax Social Security or pensions?

No. New Hampshire has no tax on Social Security or any other retirement income. New Hampshire never taxed wages, pensions or Social Security. Its only individual income tax — the Interest and Dividends Tax — was repealed effective January 1, 2025.

Are IRA withdrawals and RMDs taxed in New Hampshire?

No. IRA and 401(k) withdrawals are not taxed. Not taxed. With the Interest and Dividends Tax repealed, there is no state tax on investment income either from 2025.

Is New Hampshire tax-friendly for retirees?

We rate New Hampshire “Tax-free retirement income” for 2026. Wages and pensions were never taxed, and the tax on interest and dividends ended with 2024. Our rating covers state income tax only — not property or sales taxes, which can still matter.

Is military retirement pay taxed in New Hampshire?

No. Military retirement pay is not taxed.

Sources for New Hampshire

Primary sources only. We re-check them whenever an agency publishes new figures.

  1. State
    New Hampshire General Court — RSA Chapter 77 (repealed)
  2. State
    NH Department of Revenue Administration — Interest and Dividends Tax
  3. State
    NH Department of Revenue Administration — Interest and Dividends Tax FAQs
  4. State
    NH Department of Revenue Administration — Repeal of the I&D Tax now in effect

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