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Nevada near top for its retiree tax policies

Nevada ranks high on yet another list of states with the friendliest tax policies for retirees.

Kiplinger puts Nevada third in the country, behind Alaska and Wyoming. Rounding out the Top 10 favorable states are Mississippi, Georgia, Delaware, Arizona, Louisiana, South Dakota and Florida.

The 10 least tax-friendly states for retirees, according to Kiplinger, are Vermont, Connecticut, Rhode Island, Minnesota, Oregon, Montana, California, Nebraska, New Jersey and New York.

"What many people don't realize is that where you retire can be just as important — or, in some ways, even more important — than what you have when you retire," said Sandra Black, senior associate editor at Kiplinger's Personal Finance.

Nevada has no state personal income tax, a factor that routinely puts in among the most-friendly tax states for retirees.

An interactive map on Kiplinger's website lays out the pros and cons of each state for retirees, taking into account personal finances, needs and lifestyle. The website is www.kiplinger.com/links/retireetaxmap.

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