Retirement taxes by state
How New York taxes retirement income in 2026
New York's income tax rates run from 3.9% to 10.9%. Here's how New York treats Social Security, retirement-account withdrawals, pensions and Roth conversions in 2026 — and what that means in dollars: a retired couple, both 67, with $98,000 of income pays nothing in New York income tax.
Updated October 2026 · 2026 tax year
New York at a glance
- Income tax from 3.9% to 10.9%.
- Social Security isn't taxed.
- Retirement income (pensions, 401(k)s, IRAs, Roth conversions): up to $20,000 per person excluded from age 59½.
New York retirement tax questions
Does New York tax Social Security?
No. Social Security isn't taxed.
Does New York tax 401(k) and IRA withdrawals?
Partly. Retirement income (pensions, 401(k)s, IRAs, Roth conversions): up to $20,000 per person excluded from age 59½.
Does New York tax pensions?
Partly. Retirement income (pensions, 401(k)s, IRAs, Roth conversions): up to $20,000 per person excluded from age 59½.
Does New York tax Roth conversions?
Partly. Retirement income (pensions, 401(k)s, IRAs, Roth conversions): up to $20,000 per person excluded from age 59½. Anything above that is taxed like other income.
What is New York's income tax rate in 2026?
New York's income tax rates run from 3.9% to 10.9%.
What retirees actually pay in New York: three examples
Calculated with Retirology's tax engine under 2026 law, using each state's standard deduction, its retirement breaks and the 2026 federal rules for how much Social Security is taxable. That couple would owe nothing in New York — one of 24 states (counting DC) where they'd pay $0.
| Household | Total income | New York tax | Share |
|---|---|---|---|
| Retired couple, both 67 $48,000 of Social Security, $40,000 drawn from IRAs and 401(k)s, and $10,000 of qualified dividends | $98,000 | $0 | 0.0% |
| Single retiree, 70 $30,000 of Social Security, a $25,000 pension and $15,000 of IRA withdrawals | $70,000 | $488 | 0.7% |
| Early-retired couple, both 56, converting to Roth A $60,000 Roth conversion and $20,000 of long-term gains and qualified dividends, living on savings | $80,000 | $3,121 | 3.9% |
State income tax only — before local taxes, property tax relief and credits not listed above. Federal income tax is extra and the same in every state.
New York income tax brackets (2026)
Rates apply to New York taxable income, after the state's deductions and the retirement breaks above.
| Single | Rate | Married filing jointly | Rate |
|---|---|---|---|
| Up to $8,500 | 3.9% | Up to $17,150 | 3.9% |
| $8,500 – $11,700 | 4.4% | $17,150 – $23,600 | 4.4% |
| $11,700 – $13,900 | 5.15% | $23,600 – $27,900 | 5.15% |
| $13,900 – $80,650 | 5.4% | $27,900 – $161,550 | 5.4% |
| $80,650 – $215,400 | 5.9% | $161,550 – $323,200 | 5.9% |
| $215,400 – $1,077,550 | 6.85% | $323,200 – $2,155,350 | 6.85% |
| $1,077,550 – $5,000,000 | 9.65% | $2,155,350 – $5,000,000 | 9.65% |
| $5,000,000 – $25,000,000 | 10.3% | $5,000,000 – $25,000,000 | 10.3% |
| Over $25,000,000 | 10.9% | Over $25,000,000 | 10.9% |
Details and limits
Lower rates from 2026. $20,000 per person 59½+ pension/annuity/IRA exclusion (Roth conversions assumed to qualify as IRA distributions). NY government pensions (fully exempt) aren't distinguished; the high-income benefit recapture isn't modelled.
Local income taxes
Some places in New York add a local income tax. Retirology models these when you pick your locality:
- New York City (resident)
- Yonkers (resident surcharge)
Sources
Rates and rules for the 2026 tax year, from Retirology's state tax data (reviewed October 2026):
This page explains state tax rules in general terms. It isn't tax advice — check your state's official instructions or a tax professional for your situation.