I think the secret has been out for a while. Delaware is the northeasts top choice for retirement.

Why Delaware?

The top reason is taxes.

1. No state or local sales tax!  Did you know Delaware is only 1 out of 5 states with no sales tax?
2. Delaware is consistently in the top 10 for the countrys lowest property taxes.   
3. Social Security benefits are exempt from
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How the reduction of itemized deductions may impact income tax and refunds for those living in the state of Delaware.

Losing itemized tax deductions

The full impact of recent changes to income tax deductions is starting to become apparent, even in Delaware where traditionally residents enjoy lower state taxes. I spoke to a friend the other [...]

Delaware being one of the most tax-friendly states is great news for retirees looking to make their home here!

Going back to January 2009, when I wrote Low Taxes not enough to move to Delaware, followed in September 2011, by Delaware more than lower taxes, I have always tried to provide information on Delaware taxes in context. Given our [...]

Are lower taxes enough of a reason to relocate? Maybe not, but it can be the main motivating factor for many Boomers who are preparing for retirement. If you live in New Jersey, a state with one of the highest sales taxes or New York, one of the 5 least tax-friendly states, Delaware is worth a look. Delaware ranks a low 47th when [...]