Wyoming retirement taxes at a glance (2026)
| State income tax | No state income taxWyoming has no individual income tax. |
|---|---|
| Social Security | Not taxedSocial Security is not taxed. |
| Pensions | Not taxedPensions are not taxed. |
| 401(k) and IRA withdrawals | Not taxedIRA and 401(k) withdrawals are not taxed. |
| Government pensions | Not taxedGovernment pensions are not taxed. |
| Military retirement pay | Not taxedMilitary retirement pay is not taxed. |
| Estate tax | No |
| Inheritance tax | No |
| Property tax help for seniors | The Property Tax Refund Program can return up to 75% of property taxes paid for homeowners whose income is below limits tied to county median income. |
| Sales tax | The state sales tax is low, and counties can add a small local rate. |
How to lower your retirement taxes in Wyoming
- Mix your income sources. Roth IRA withdrawals are tax-free at the federal level and generally in Wyoming too, so a Roth conversion before retirement can cut state tax later. Try the Roth conversion calculator.
- Watch federal Medicare costs. Large IRA withdrawals can raise your Medicare premiums. Check the 2026 IRMAA brackets.
- Think about your heirs. See what your IRA will really cost your family with the Family Tax Rate calculator.
- Comparing states? These have no state income tax: Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington.
Frequently asked questions
Does Wyoming tax retirement income?
No: Wyoming has no income tax, so it does not tax any retirement income.
Does Wyoming tax Social Security?
Social Security is not taxed.
Does Wyoming tax pensions?
Pensions are not taxed.
Does Wyoming tax 401(k) and IRA withdrawals?
IRA and 401(k) withdrawals are not taxed.
Does Wyoming tax military retirement pay?
Military retirement pay is not taxed.
Sources (last verified 2026)
- State Individual Income Tax Rates and Brackets, 2026 — Tax Foundation (2026)
- Wyoming retirement income tax guide — Brevy Care (2026)
- Wyoming 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.