MS · Tax Year 2026
How Mississippi taxes Social Security, pensions, 401(k)/IRA withdrawals, and military retirement pay in 2026.
Qualifying retirement distributions fully exempt
Must meet retirement-plan qualification requirements
Additional Notes
Early or premature distributions may be taxable
Does Mississippi tax Social Security benefits?
No. Mississippi does not tax Social Security retirement benefits.
Does Mississippi tax pension income?
No. Mississippi exempts pension income from state income tax.
Does Mississippi tax 401(k) and IRA withdrawals?
No. Mississippi does not tax qualifying 401(k) and IRA distributions.
Is Mississippi a tax-friendly state for retirees?
Generally yes. Mississippi exempts Social Security and offers exemptions for other retirement income, making it relatively favorable for retirees.
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Data Source
Official Mississippi state tax authority guidance. Tax year 2026. Some annually indexed thresholds may not yet be finalized — confirm with the state revenue department before filing.
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Data reflects tax year 2026 rules sourced from official Mississippi 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.