(Image credit: Getty Images) The One Big Beautiful Bill that Congress passed last summer made a number of wide-ranging changes to tax law — some permanent, some temporary. But a few provisions are especially relevant for anyone in or near retirement. In particular, Americans age 65 and older are eligible for an extra $6,000 deduction. […]
65 or Older? Cut Your Tax Bill Before the Clock Runs Out Read More »
BY Melissa Eichman Tampa | Spectrum News PINELLAS COUNTY, Fla. — The National Association of Realtors reports the average age of first-time homebuyers is at an all-time high at age 40. The association also says the share of first-time homebuyers has hit a historic low of 21%. Twenty-year-old Christina Copelan is bucking that national trend. She bought her Clearwater home
First Time Homebuyers Are Getting Older but Not Everywhere Read More »
(Image credit: Getty Images) Acknowledging the unique risks faced by aging baby boomers, the U.S. Securities and Exchange Commission (SEC) announced that it would be prioritizing its examinations in 2026 to focus on recommendations made to older investors and retirement savers. College savings were also a top priority, as were private securities (such as private
Property taxes. All homeowners pay them, but no one enjoys writing the check. That annoyance might change soon, however. Retirees in seven lucky states could see new property tax relief take effect in 2026, offering a very real chance of significantly lowering their annual tax bill. To find these opportunities, Kiplinger searched for recently proposed
Retirement Property Tax Relief: Older Adults Could Save $6,500 in 2026 Read More »
In This Article This article is presented by Lennar Investor Marketplace. Once upon a spreadsheet, new construction homes were the fancy properties: shiny, flawless, and out of reach for the budget-conscious investor. But what most investors don’t know is that these new homes aren’t always more expensive today. In many markets right now, brand-new homes
New Construction vs. Older Homes—Why New Builds Cost Less Than You Think Read More »
(Image credit: Getty Images) Retirees have long expressed their frustration that a portion of the Social Security benefits they’ve spent a lifetime earning could be subject to federal income taxes. And for years, those concerns have sparked debate across the political spectrum. During his 2024 campaign, President Trump proposed exempting Social Security from federal income
Older Taxpayers: Don’t Miss This Hefty (Temporary) Tax Break Read More »
In This Article The median age of homebuyers in the U.S. is a venerable 59 years old, according to the National Association of Realtors (NAR). That could be good news for prospective landlords. According to NAR data, the median age for first-time homebuyers—which accounted for 21% of all deals in the U.S.—was 40 years old
The Average Homebuyer is Now Older Than Ever—And It Has an Impact on Rent Prices Read More »
The pace of medical advances for older adults is slowing, according to experts who say research is being throttled by government budget cuts, federal worker layoffs and frozen or canceled grants. “These cuts to research are going to have a significant negative and enduring impact on the health and well-being of all Americans and, perhaps
Government Research Cuts Hit Older Adults Read More »
More than three-quarters of Americans 50 and older say they want to remain in their homes after they retire, but sharp increases in property taxes have made aging in place unaffordable. Unlike income taxes, which often decline in retirement, property taxes are based on the value of your home — and in many parts of
Four Strategies for Older Adults to Cut Property Taxes Read More »
Key Takeaways Chase, Capital One, and Bank of America are among the lenders who provide loans for certain older used cars. Most lenders restrict the types of used vehicles they will finance, based on mileage and vehicle age. Other factors lenders consider include the loan amount, the loan-to-value ratio, and the type of vehicle being
Buying an Older Used Car? You Might Be Surprised Which Lenders Will Finance It Read More »