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Category: Money Management

Getting Out of Debt

Feb 22, 2019 If you are over 55 and in debt you are not alone. The average household headed by someone age 55 or older had $76,679 of debt in 2016 according to the Employee Benefit Research Institute. A survey conducted by SSRS Omnibus on behalf of financial website Bankrate.com found that 19% of baby…
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Circuit Breaker Tax Credit

Feb 1, 2019 If you are a senior homeowner or renter, you may be eligible for the 2018 Massachusetts “circuit breaker” tax credit.  The program is for those aged 65 or older, whose property taxes (or 25% of rent) exceed 10% of their annual income. The following are the eligibility requirements to qualify for the…
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