MISSISSIPPI RETIREMENT INCOME TAX · TAX YEAR 2026
Does Mississippi tax Social Security and retirement income?
Mississippi does not tax Social Security benefits. Mississippi exempts pensions and 401(k) and IRA withdrawals in full once the plan's retirement age or service requirement is met, and taxes early distributions. A single 67-year-old with $24,000 of Social Security, a $20,000 private pension and $10,000 of IRA withdrawals pays no Mississippi income tax for 2026.
Your estimate
- Mississippi income tax
- $0.00
- Federal income tax
- $1,810.00
- Total income tax
- $1,810.00
Subtracted from Mississippi income
- Social Security (not Mississippi income)
- $11,300.00
- Retirement income exemption
- $30,000.00
- Age 65 exemption
- $1,500.00
Early and excess distributions (federal Form 5329) and deferred compensation before retirement age, which are taxable, are not modeled except by the age-60 IRA test.
Mississippi tax at different retirement incomes
Mississippi income tax for 2026 on a single 67-year-old with $24,000 of Social Security, and on a married couple, both 67, with $20,000 each. Half the pension and IRA income is a private pension and half IRA withdrawals, all received by one spouse in the couple.
| Pension and IRA income | Single | Married |
|---|---|---|
| $20,000 | $0 | $0 |
| $40,000 | $0 | $0 |
| $60,000 | $0 | $0 |
| $100,000 | $0 | $0 |
| $150,000 | $0 | $0 |
Does Mississippi tax Social Security?
No. Social Security and railroad retirement benefits are exempt from Mississippi tax.
Of the single 67-year-old's $24,000 in benefits, $11,300 is federally taxable and Mississippi taxes none of it. Of the couple's $40,000, $28,100 is federally taxable and Mississippi taxes none of it.
Does Mississippi tax pensions?
No. Pensions from federal, state and private retirement systems, including military retirement, are exempt in total once you meet the plan's retirement age or service requirements, with no dollar or income limit. Distributions taxed as early or excess distributions under federal law, and deferred compensation paid before retirement age or service, are taxed.
State tax for a single 67-year-old with $24,000 of Social Security, a $20,000 pension of each type and $10,000 of IRA withdrawals. Excluded is the part of the pension Mississippi exempts.
| Pension | Excluded | State tax |
|---|---|---|
| Private | $20,000 | $0 |
| Mississippi government | $20,000 | $0 |
| Federal civil service | $20,000 | $0 |
| Military | $20,000 | $0 |
Does Mississippi tax IRA and 401(k) withdrawals?
No. IRA and 401(k) withdrawals are exempt unless they are early distributions under federal law, such as a withdrawal before 59 1/2 that carries the 10% federal penalty. The calculator treats IRA income as exempt from age 60. Qualified Roth IRA withdrawals are not taxed.
With $24,000 of Social Security, $20,000 of IRA withdrawals and no other income, a single 67-year-old pays no Mississippi income tax for 2026.
At what age do retirement tax breaks start in Mississippi?
At 59 1/2, when IRA withdrawals are no longer early distributions; the calculator uses age 60. At 65, each person gets an extra $1,500 exemption. Pensions are exempt at the plan's own retirement age.
State tax at each age where the rules change. The single filer has $24,000 of Social Security, a $20,000 private pension and $10,000 of IRA withdrawals; the couple, both that age, has $20,000 of Social Security each and a $30,000 pension and $20,000 of IRA withdrawals.
| Age | Single | Married |
|---|---|---|
| 59 | $0 | $0 |
| 60Retirement income exemption | $0 | $0 |
| 65Age 65 exemption | $0 | $0 |
What the calculator leaves out
Early and excess distributions (federal Form 5329) and deferred compensation before retirement age, which are taxable, are not modeled except by the age-60 IRA test.
- Distributions before 59 1/2 are early; the calculator treats IRA income as exempt from age 60 by December 31.
The calculator uses Mississippi rules from the 2025 forms and instructions, the latest published.
Federal tax uses the 2026 brackets, the standard deduction with the extra amount at 65, and the $6,000 senior deduction. Estimates assume no other deductions, credits or local taxes except as noted.