Montana has experienced one of the fastest in-migrations of high-net-worth households in the United States over the past decade, particularly into the Gallatin Valley around Bozeman, the Flathead Valley around Whitefish, and the corridor between Missoula and Helena. Combined with Montana’s long-standing ranching, agriculture, energy, and mining economy, this has created a deep pool of…
Nebraska sits at an unusual economic intersection: Omaha is the home of Berkshire Hathaway and one of the country’s deepest concentrations of financial services and insurance wealth, while the rest of the state runs on agriculture (corn, soybeans, beef cattle) and the Union Pacific Railroad system. The state has also just completed one of the…
Mississippi has the most favorable retirement-income tax treatment of any state in the nation: qualified distributions from IRAs, 401(k)s, 403(b)s, pensions, and Social Security are fully exempt from Mississippi state income tax. This makes Mississippi an unusually advantaged jurisdiction for retirees taking distributions from a Gold IRA. The state’s largest private employers — Nissan’s Canton…
Maine carries one of the oldest median ages in the United States — roughly 22% of residents are 65 or older — which makes retirement planning a more pressing concern here than in nearly any other state. Mainers approaching or already in retirement often hold long-tenured 401(k), TSP, and pension balances from careers at Bath…
Kansas sits at the geographic and economic crossroads of the Great Plains, home to a diverse mix of agricultural production, aerospace manufacturing (Wichita is the air capital of the world, with Boeing, Spirit AeroSystems, Textron Aviation, and Bombardier all maintaining major operations), and a strong base of military, energy, and financial services employers. Kansas residents…
Iowa’s economy is anchored by agriculture, insurance, and manufacturing — three sectors that produce a notably high share of long-tenured employees with substantial 401(k) and pension balances. Principal Financial Group, Nationwide, John Deere, Rockwell Collins (now Collins Aerospace), and the major agricultural cooperatives have created generations of Iowa retirement savers with serious nest eggs. Iowa…
Idaho’s economy has shifted dramatically over the past two decades from a primarily agricultural and timber-based base to a more diversified mix that now includes a substantial technology sector around Boise (Micron, HP, Clearwater Analytics), strong agricultural exports, and a rapidly growing population of in-migrants from California and other higher-cost states. Many of those new…
Hawaii is geographically and culturally unlike any other US state, but when it comes to retirement planning, IRS rules around Gold IRAs apply identically here as on the mainland. Hawaii residents face some of the highest costs of living in the country, a state income tax that climbs to 11% at higher brackets, and a…
Delaware may be one of the smallest states in the country, but it punches well above its weight when it comes to retirement planning, banking, and corporate finance. With a substantial population of high-income professionals working in the credit card, pharmaceutical, and chemical industries — and a tax structure that’s notably friendly to retirees —…
Connecticut is one of the wealthiest states in the country by median household income, and it also has one of the largest concentrations of financial services, insurance, and defense industry workers — many of whom have built substantial retirement accounts over long careers. For Connecticut residents evaluating how to plan their retirement savings strategy, a…
