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2. Mortgages for seniors: Getting a home loan in retirement - AOL

   www.aol.com/finance/mortgages-seniors-getting...

   Here are the minimum credit scores needed based on loan type: Conventional loans: 620. FHA loans: 580 with 3.5% down payment, 500 with 10% down payment. VA loans: No minimum requirement, but ...

3. Retirees 65 and Older Eligible for Extra Standard Deduction ...

   www.aol.com/retirees-65-older-eligible-extra...

   A married couple of two 65+ adults would take a total deduction of $27,700 (standard deduction) plus $1,500 for one 65+ adult plus $1,500 for second 65+ adult — a total of $30,700.

4. Provisions of the Affordable Care Act - Wikipedia

   en.wikipedia.org/wiki/Provisions_of_the...

   The qualifying medical expenses deduction for Schedule A tax filings increases from 7.5% to 10% of adjusted gross income (AGI) for taxpayers under age 65. [121] Consumer Operated and Oriented Plans (CO-OP), which are member-governed non-profit insurers, entitled to a 5-year federal loan, are permitted to start providing health care coverage. [122]

5. A Guide to Tax Breaks for Medical Expenses for Seniors - AOL

   www.aol.com/guide-tax-breaks-medical-expenses...

   In 2020, the standard deduction is $12,400 for single taxpayers and $24,800 for married filing jointly. Married taxpayers who are 65 and older can each claim an extra $1,300 standard deduction (or ...

6. Affordable Care Act - Wikipedia

   en.wikipedia.org/wiki/Affordable_Care_Act

   The Affordable Care Act reduced the percent of Americans between 18 and 64 who were uninsured from 22.3 percent in 2010 to 12.4 percent in 2016. About 21 million more people have coverage ten years after the enactment of the ACA.

7. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   The National Association of Realtors strongly supports mortgage interest deduction; in 2008, the association contended that "Home prices, particularly in high cost areas, could decline 15 percent if recommendations to convert the mortgage interest deduction to a tax credit are implemented." [37]