While many seniors worry about their finances during retirement, there are actually a number of financial benefits that can help ease the transition.
A recent article from U.S. News details some of the ways seniors can take advantage of their retirement status. These include:
- Tax breaks – Seniors can take advantage of a number of different tax breaks, including those for Social Security and retirement account withdrawals.
- Discounts – Many businesses offer discounts to seniors, including on travel, entertainment, and even groceries.
- Government benefits – There are a number of government benefits available to seniors, including Social Security and Medicare.
- Investment opportunities – Seniors can take advantage of a number of different investment opportunities, including those offered by the government.
These perks can help make retirement a more affordable and enjoyable experience. The Seniors Center is here to help you make the most of your retirement years. Follow us on Twitter and Facebook to learn more about how we’re calling on Congress to save Social Security and improve retirement benefits.