Retirement taxes by state · 2026

Does Hawaii Tax Retirement Income?

Short answer

Partly: Hawaii exempts Social Security and employer-funded pensions (including military), but taxes IRA and 401(k) money you contributed yourself at up to 11%.

Hawaii retirement taxes at a glance (2026)

State income taxGraduated, top rate 11%Hawaii has 12 brackets from 1.4% to 11%.
Social SecurityNot taxedHawaii does not tax Social Security or tier 1 Railroad Retirement benefits.
PensionsPartly taxedEmployer-funded pensions (public or private) are exempt. The part of a pension that comes from the employee's own elective contributions is taxed.
401(k) and IRA withdrawalsTaxedDistributions from self-funded IRAs, 401(k) elective deferrals, 403(b), 457 plans and the federal TSP are taxable; employer-match portions can be excluded.
Government pensionsNot taxedState, county and federal government pensions are exempt to the extent employer-funded.
Military retirement payNot taxedHawaii does not tax military pensions.
Estate taxYes, above $5,490,000Hawaii taxes estates above $5.49 million, at rates from 10% to 20%.
Inheritance taxNo
Property tax help for seniorsRelief varies by county: for example Honolulu gives a $160,000 home exemption at 65+, and Kauai gives $260,000 at 70+.
Sales taxHawaii has a general excise tax instead of a sales tax; the combined state and local average is about 4.5%.

Recent changes and good to know

How to lower your retirement taxes in Hawaii

Frequently asked questions

Does Hawaii tax retirement income?

Partly: Hawaii exempts Social Security and employer-funded pensions (including military), but taxes IRA and 401(k) money you contributed yourself at up to 11%.

Does Hawaii tax Social Security?

Hawaii does not tax Social Security or tier 1 Railroad Retirement benefits.

Does Hawaii tax pensions?

Employer-funded pensions (public or private) are exempt. The part of a pension that comes from the employee's own elective contributions is taxed.

Does Hawaii tax 401(k) and IRA withdrawals?

Distributions from self-funded IRAs, 401(k) elective deferrals, 403(b), 457 plans and the federal TSP are taxable; employer-match portions can be excluded.

Does Hawaii tax military retirement pay?

Hawaii does not tax military pensions.

Does Hawaii have an estate or inheritance tax?

Hawaii taxes estates above $5.49 million, at rates from 10% to 20%.

Sources (last verified 2026)

  1. Tax Information Release No. 96-5: Taxation of Pensions — Hawaii Department of Taxation (1996-08-14)
  2. Hawai'i State Taxes: 2026 Tax Season — AARP (2026-05-26)
  3. Hawaii Retirement Taxes — Taxstra (2026)

Educational content only, not tax, legal or investment advice. Plans and tax laws change; confirm details with your employer's plan documents or your state revenue department. Smart Financial Lifestyle is not affiliated with any employer named on this site.