What a taxable index-fund account is actually worth after expense-ratio drag and after Florida takes its share of the gain — which, in most states, is not at the federal preferential rate.
Your gain is untouched by Florida. Only federal tax applies. Florida imposes no state tax on capital gains realised by individuals, at any holding period, because it has no individual income tax and is constitutionally prohibited from taxing the income of natural persons. Recorded as kind 'none' rather than 'excluded' deliberately: 'excluded' would imply a tax exists from which gains are carved out, and none does. There is no exemption threshold and no standalone excise of the kind Washington enacted. TWO THINGS NOT TO CONFUSE WITH THIS. (1) The Florida CORPORATE income tax under Chapter 220, Florida Statutes reaches C corporations and does not apply to individuals -- Article VII, Section 5(b) is what authorises it, and it is a different subsection from the one that protects natural persons. (2) The ANNUAL INTANGIBLES TAX on stocks, bonds and mutual funds was REPEALED EFFECTIVE JANUARY 1, 2007; only the NON-RECURRING intangible tax survives, and that is a one-time levy on obligations secured by Florida real property (essentially a mortgage-recording tax), not a tax on investment gains. Federal capital gains tax applies to Florida residents unchanged.
What your state actually takes from a 401(k) withdrawal, a pension, and Social Security — in dollars, not a yes/no list.
2026 limits, employer match, the 60-63 super catch-up, and whether the Roth catch-up mandate applies to you.
When your RMDs start under SECURE 2.0, how much this year's is, and what missing it costs.
What retiring actually costs across all fifty states in 2026 — the three lines that decide it, why ranking states by income tax gets the answer wrong, the federal rules that follow you everywhere, and the decisions that are worth real money before you move.
Florida charges nothing on retirement income — no tax on Social Security, pensions or IRA withdrawals, guaranteed by the state constitution. Then the average home insurance premium is $8,375, the highest in the country, and it takes back more than the income tax saved.
What moving actually saves, on your own income mix rather than a headline rate — and how to establish domicile so the state you left cannot follow you.
Which account to draw first, priced. The three cliffs a withdrawal can cross without warning, the conversion window almost nobody uses, and why the order is the last big decision you can still change.