IA · Tax Year 2026
How Iowa taxes Social Security, pensions, 401(k)/IRA withdrawals, and military retirement pay in 2026.
Qualifying retirement income fully exempt at age 55+ or qualifying disability
Age 55+; qualifying disability and survivor exceptions may apply
Additional Notes
Yes for account withdrawals means taxable if exemption requirements are not met
Does Iowa tax Social Security benefits?
No. Iowa does not tax Social Security retirement benefits.
Does Iowa tax pension income?
Partially. Iowa provides exemptions for certain types of pension income — often public, government, or military pensions — while private pensions may be partially or fully taxable. See eligibility details above.
Does Iowa tax 401(k) and IRA withdrawals?
Yes, traditional 401(k) and IRA withdrawals are generally taxable in Iowa. However, exclusions or credits may apply depending on your age and income — review the details above.
Is Iowa a tax-friendly state for retirees?
It depends on your income mix. Iowa offers some retirement income relief, but the rules vary by income type and eligibility. Review the details above and consider consulting a tax professional for your specific situation.
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Data Source
Official Iowa state tax authority guidance. Tax year 2026. Some annually indexed thresholds may not yet be finalized — confirm with the state revenue department before filing.
Data reflects tax year 2026 rules sourced from official Iowa state tax authorities. This page is for informational purposes only — always confirm current rules with the state revenue department or a qualified tax professional before making financial or relocation decisions.