Tag: home equity
A proposed pilot project could relieve the tax burden on older people. Some exciting news. Adam Scanlon, a representative in the Massachusetts House, has submitted a bill to establish “ a senior property tax deferral pilot program.” I have always been a great fan of thinking about the house as a retirement asset and about…
The stark difference in Black and White workers’ wealth is old news. But now we have some fresh information about the wealth gap: it grows as people age and move through their retirement years. The most striking deterioration in Blacks’ relative standing can be seen in non-housing wealth. This mainly consists of 401(k)-style plans and…
