For seniors, property taxes can be a major expense and a headache as they keep rising. Depending on where you live, your house’s property value can be taxed at the local or state level. Financial experts advise there are ways to control the expense of these taxes, which can change from year to year. Here’s an easy checklist of ways to manage property taxes:
- If you believe the appraised value is too high, file an appeal with the appraiser’s office.
- See if there are any special exemptions for senior citizens.
- Look for reductions given to veterans or those with disabilities.
- Seek out organizations that provide assistance to lower-income residents.
- Consider a move to another town or across state lines to a more hospitable location.
- Watch out for property tax scammers.
Your Retirement Should Be Enjoyable
You should have enough income not to be stressed about property taxes. That’s one reason why Council of Seniors is committed to getting Congress to pass The SAVE Benefits Act.
This bill is designed to make up for inadequate annual Social Security cost-of-living adjustments (COLAs) that haven’t met seniors’ needs in recent years. If it passes, you’ll be reimbursed the $581 that’s been missing from your benefit all along.
Sign our petition right away and get others to help too! Let’s work together to show Washington politicians how many people support this bill. Your active help in returning this money to seniors will be deeply appreciated.
We’d love for you to connect with us on Facebook and Twitter!