Fitz Farm Landing

Maryland & Pennsylvania Tax Comparison Chart

Does your state & county tax ...

Maryland

Pennsylvania

. . . Social Security?

Yes

No

. . . Pension?

Yes

No

. . . 401K Distribution?

Yes

No

. . . IRA Distribution?

Yes

No

. . . Estate?

Yes

No

Sample tax savings for MD & PA

Example: Tax savings for a senior earning $50,000 in retirement income moving from Baltimore County, MD to York, PA.

Tax rate

Income

MD

PA

State

4.75%

0%

County

3.2%

0%

Total

7.95%

0%

Social security

$22,000

$22,000

401K/pension/IRA

$28,000

$28,000

Total Retirement Income

$50,000

$50,000

Taxes paid annually

$3,975

$0

*Check with your Financial Advisor or Tax Professional for your specific situation

Interested In Explore Community

Interested?

Click below to explore our community

Learn More About Our Community

Bonnie Bromley

Hear why Bonnie Bromley, Independent Living resident at Fitz Farm, loves this new chapter of her life

Learn More about Independent Living at Fitz Farm

Schedule A Tour!