Does New Hampshire tax pensions and retirement income?
No state income tax
No. New Hampshire does not tax wages or retirement income, and its tax on interest and dividends was repealed from 2025.
In the state's own words
Copied word for word from the official document linked below each quote:
“The State of New Hampshire does not have an income tax on an individual's reported W-2 wages.”
And Social Security?
No. New Hampshire does not tax wages, and its tax on interest and dividends was repealed starting in 2025. The New Hampshire Social Security page quotes the rule.
Federal tax still applies
Whatever New Hampshire does, pensions, annuities and traditional IRA or 401(k) withdrawals are generally taxable on your federal return. See the federal tax brackets and, if you are 73 or older, the required minimum distribution calculator.
State rules change, and the details (age limits, income limits, which plans qualify) matter. Check with the New Hampshire Department of Revenue Administration before you file or move.
Other states in the same group
Check our work
The answer above comes from this document. Follow the link and compare.
- Interest & Dividends TaxNew Hampshire Department of Revenue Administration. Read on November 12, 2026.