Expert guides about financial in Washington from Brevy Care.
Washington does not tax your retirement income today. The state has no individual income tax, so Social Security, pensions, IRA withdrawals, and 401(k) distributions all escape state tax.
Washington has no individual income tax today, and the 9.9 percent tax that starts in 2028 applies only to people whose adjusted gross income exceeds $1 million.
Washington's estate tax changed twice in about a year, so the date of death, not the date you are reading this, decides both the exclusion and the rate.
A semi-private nursing home room in Washington runs about $13,155 a month, well above the national median of about $9,581. Almost no family can pay that out of pocket for long.