Moving from Minnesota to Florida: Retirement Tax Savings
Estimated annual state income-tax savings on pension income if you relocate from Minnesota to Florida in retirement.
Estimated Annual Tax Savings
$7,880
on a $80,000 annual pension
Relocation Score
| State | Pension income tax |
|---|---|
| Minnesota (9.85%) | $7,880/yr |
| Florida (0%) | $0/yr |
Relocating from Minnesota to Florida could save a teacher with an $80,000 pension about $7,880 every year in state income tax — Florida levies no state income tax, while Minnesota taxes it at up to 9.85%.
Compare Minnesota against all 50 states
See where your TRA goes furthest — full state-by-state tax comparison, savings breakdown, and a saved report.
Unlock full comparison →Estimates apply the state's top marginal income-tax rate to pension income. Actual tax depends on brackets, deductions, and filing status. Social Security and property taxes are not included.