Tag: IRS
On Jan. 1, Arizona residents caring for elderly or disabled family members became eligible for up to a $1,000 reimbursement from the state for expenses incurred in their caregiving responsibilities. This is a trial program and the legislature allocated very little money – $1 million over two years – in a state with an estimated…
In one significant way, retirement is materially different than it used to be: far more retirees are still trying to pay off their houses. Thirty years ago, just one of every four homeowners in their late 60s to late 70s still had a mortgage – today, nearly half do. Once people hit 80, mortgages used…
