Tag Page taxes

Could Retirees Finally Catch a Tax Break?

Heads up if you (or your parents) are over 65: Congress is talking about a new bill that could double the tax deduction for seniors. With groceries, rent, and healthcare all getting pricier, this could mean more money stays in retirees’ pockets—potentially saving some couples over $2,000 a year. If you’re worried about stretching your retirement dollars, this is one to watch! #retirement #taxes #seniors #moneysmart #personalfinance #Finance