Retirement taxes 2026

Retiring in Hawaii: how your income is taxed

Hawaii is fairly tax-friendly for retirees. On a typical retirement income it ranks #22 of 51 for the lowest state income tax.

Social Security
Not taxed
Pensions
Not taxed
401(k)/IRA
Taxed
Military retirement
Not taxed

The rules in Hawaii

Calculate your Hawaii retirement taxes

State income tax in Hawaii: $138 a year

In Hawaii you'd pay about $138 in state income tax and $4,336 in federal income tax on $70,000 of retirement income, keeping $65,526 (6.4% total).

Hawaii ranks #22 of 51 for the lowest state tax on this income. 19 states charge no state income tax on this income.

State income tax
$138
Federal income tax
$4,336
$22,350 of Social Security taxable
Senior deduction used
$6,000
2025–2028 federal break for 65+
You keep
$65,526

What retirees pay in Hawaii

Estimated 2026 state and federal income tax in Hawaii for retirees 67 or older, by retirement income
Retirement incomeState tax (single)State tax (married)Federal tax (single)
$24,000 Social Security, $12,000 401(k)/IRA$24$0$0
$30,000 Social Security, $20,000 pension, $20,000 401(k)/IRA$138$0$4,336
$40,000 Social Security, $40,000 pension, $50,000 401(k)/IRA, $10,000 other income$2,669$1,170$19,812

Age 67 or older, 2026 rules including the federal senior deduction. For married couples, income is the household total and both spouses are 67 or older. State estimates apply Hawaii's main exclusions and may differ for income-tested credits.

States with lower retirement taxes

Moving to Hawaii in retirement?

Compare the tax on your Social Security, pension and 401(k)/IRA income, and typical living costs, with the state you'd leave. These are the states most households moving to Hawaii come from (IRS migration data, 2022–2023).

Frequently asked questions

Does Hawaii tax Social Security?

Not taxed. Hawaii does not tax Social Security or Tier 1 Railroad Retirement benefits.

Does Hawaii tax pensions?

Not taxed. Employer-funded pensions are fully exempt: all public pensions (federal civil service, military, state/county systems) and private pensions to which the employee did not contribute. If the employee contributed to a private plan, the portion from employee contributions is taxable (Schedule J). No dollar cap.

Does Hawaii tax 401(k) and IRA withdrawals?

Taxed. IRA withdrawals are taxed because Hawaii treats IRAs as your own investments. A rollover IRA funded from a qualifying employer pension keeps the pension's exempt status. For 401(k)s, the part from your own elective deferrals is taxable and employer-funded amounts can be exempt.

Is Hawaii a good state to retire for taxes?

For a single retiree with $30,000 Social Security, $20,000 pension, $20,000 401(k)/IRA, Hawaii charges about $138 in state income tax, ranking #22 of 51 (lowest tax first).

Related

Sources: files.hawaii.gov. Rules reviewed .