10 KIPLINGER’S PERSONAL FINANCE^ 04/2020 ILLUSTRATION BY SJOERD VAN LEEUWEN
MARYLAND IS KNOWN AS THE
Free State, ref lecting its tradition
of political freedom and religious
tolerance, along with its resistance
to Prohibition. Talk to retirees,
though, and they’ll tell you the
nickname is a misnomer, at least as
far as taxes are concerned. While
Maryland excludes from taxes up
to $31,100 in income from pensionsAHEAD
S TAT E S L OWE R TA X E S
TO COURT RETIREES
The tax breaks range from property tax exemptions to
tax-free retirement plan withdrawals. BY SANDRA BLOCKTOPIC A