More States Are Giving Property Tax Breaks to Seniors — With Savings up to $6,500

Happy senior couple homeowners doing taxes
Evgeny Atamanenko / Shutterstock.com

Property taxes can be a serious burden on seniors who own homes and aren’t earning as much income, but a number of states are working to lower the bills for older residents — sometimes by thousands of dollars. New Jersey, where homeowners pay the highest property taxes in the nation, just became the latest state to announce a tax break for homeowners 65 and older. It won’t take full effect until…

https://www.moneytalksnews.com/more-states-are-giving-property-tax-breaks-to-seniors-with-savings-up-to-6500/

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