State income tax: 3% - 6.7%
State sales tax: 6.3%
Mean property tax rate as a percentage of mean home value: 1.49%
Property tax ranking: 10
Estate tax: 7.2% - 12%, exemption amount $2 million
Inheritance tax: None
This commuter haven for New York's business elite may be famous for Yale University and its maritime past, but the Constitution State doesn't cut seniors any slack—especially those of means.
Indeed, Connecticut levies a progressive estate tax of up to 12 percent beyond the $2 million exemption. It also taxes pension benefits, and is one of only 14 states that tax Social Security income. Seniors looking to stretch their hard-earned savings further might do well to cast a wider net.