Tax Relief for the Elderly: 12 Smart Ways Seniors Can Cut Taxes & Keep More of Their Retirement

Tax Relief for the Elderly: 12 Smart Ways Seniors Can Cut Taxes & Keep More of Their Retirement

Aging brings wisdom — and a unique set of tax opportunities. If you (or someone you care for) are 65 or older, there are real, legal ways to reduce your federal tax bill: larger standard deductions, credits specifically for older or disabled taxpayers, smarter handling of retirement distributions, and tax-savvy giving strategies. This practical, step-by-step … Read more