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Feb. 28—ALBANY — The New York State Department of Taxation and Finance reminds seniors turning 65 in 2024, for most localities, the deadline to apply for greater property tax savings through ...
The Basic STAR is open to the primary residence of any New York State resident and exempts $30,000 from the true value of a home or property. The Enhanced STAR, for eligible senior citizens at or above age 65, exempts an annually variable amount ($65,300 for the 2015-2016 school year) from the true value of their primary residence. [2]
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Many seniors set up direct deposits for their benefits to pay monthly bills. However, with the average cost of assisted living nationwide being $4,500 a month , most seniors need additional income ...
ASHA's membership owns and/or manages more than 600,000 units of senior apartments, independent living, assisted living, and continuing care retirement communities. The ASHA sponsors a political action committee named the Seniors Housing PAC. [2] [3] David S. Schless has been the president of the organization since its founding in 1991. [4]
The so-called golden years can be financially challenging, but state and federal tax breaks can provide some silver linings. Find out what's available.