10 Tax Breaks for Individuals 50 Years of Older
On the 36th episode of the Retirement Explained show, I’m talking about important tax breaks that are reserved for those of us who are 50 years old or older!
Age before beauty folks and on today’s episode I cover the following:
Bigger standard deductions
Higher tax-filing thresholds
Property tax breaks
A special tax credit for the elderly or disabled
Additional IRA deductions
Additional 401k deductions
No more early withdrawal penalties!
Expanded qualified charitable distribution rules
Higher HSA contribution limits
Free tax help when filing your taxes
-Brian
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