New Federal Tax Deduction for Seniors: What You Should Know for 2025–2028
Recent federal tax law changes may create meaningful opportunities for retirees and near-retirees beginning in 2025. If you are age 65 or older, you may qualify for an additional federal income tax deduction that could reduce your taxable income over the next several years. The provision is scheduled to apply from 2025 through 2028. Here’s […]