What a taxable index-fund account is actually worth after expense-ratio drag and after Oklahoma takes its share of the gain — which, in most states, is not at the federal preferential rate.
There is no state equivalent of the federal preferential rate here — a long-term gain is charged at Oklahoma's normal income brackets, exactly like wages. This is the common case, and it surprises people who assume the federal 15% carries over. Long-term capital gains are taxed as ordinary income at the graduated rates above — the federal preferential long-term rate does NOT carry over. Oklahoma DOES have a capital gain deduction (Schedule 511-A line 12, claimed on Form 561), but it is a narrow ECONOMIC DEVELOPMENT provision rather than a general exclusion, and describing it as one would be the error this note exists to prevent. It reaches only gains on: real or tangible personal property located IN OKLAHOMA and owned at least five uninterrupted years; stock or an ownership interest in an Oklahoma-HEADQUARTERED company owned at least two uninterrupted years; or property sold as part of the sale of substantially all the assets of an Oklahoma-headquartered business owned at least two uninterrupted years. A gain on publicly traded stock, an index fund, or out-of-state real estate gets no Oklahoma deduction at all. exclusionPct is deliberately left unset because the deduction is 100% of a qualifying gain and 0% of everything else, and a single percentage would misdescribe both cases. Separately, gain or loss on the sale of a U.S. Government obligation is exempt.
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.
Oklahoma charges $1,750 in state income tax on a typical retirement income, $1,994 in property tax on its median home and $7,255 in insurance — $10,998 together, which is 41st of 50.
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.