Best 529 Plan in Texas The quick answer: Texas College Savings Plan Texas’s state-sponsored 529 plan is Texas College Savings Plan. Since Texas has no state income tax, there’s no state tax deduction to weigh either way — you’re free to compare Texas College Savings Plan against any other state’s plan purely on fees and … Read more
Texas Property Tax Rates The quick answer Texas’s average effective property tax rate is 1.40% of a home’s assessed value per year — above the national average of 0.99%. That ranks Texas 7th highest out of the 50 states (1st is the highest-taxed state). Texas is among the dozen highest property-tax states in the country. … Read more
Texas Income Tax Rates (2026) The quick answer: no state income tax Texas does not levy a state income tax on wages, salaries, retirement account withdrawals, or investment income. Texas is one of 9 states with no state income tax at all, alongside Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Washington, and Wyoming. That … Read more
Does Texas Tax Social Security? Short answer: no Texas does not tax Social Security benefits — and it doesn’t tax any other kind of income either. Texas has no state income tax at all, on wages, pensions, 401(k) and IRA withdrawals, investment income, or Social Security. No state-level tax on Social Security benefits Applies regardless … Read more
Nicholas Bulgin is an entrepreneur and investor with hands-on experience across stocks, cryptocurrency, real estate, and emerging asset classes. He writes about the practical mechanics of building and managing wealth.