Seniors Work Off Taxes for $7 an hour

[hometowngrl53]

Seniors Work Off Taxes for $7 an Hour
By JIM FITZGERALD,AP
Posted: 2007-12-27 15:09:50
Filed Under: Taxes
GREENBURGH, New York (AP) - Audrey Davison lives alone, gets a $620 Social Security check each month and worries about the sharply rising taxes on her four-bedroom house. Davison, 76, raised her family there and after 43 years, she really does not want to leave Greenburgh.

read here http://money.aol.com/news/articles/_...26125409990001

[flippinout]

It is so sad that retirement can bring on such heartache, but it is great that some places are making provisions to help retired folks with this sort of problem.

[JaredfromIndiana]

It's this kind of thing that motivates me to build wealth now so when I retire it will be on a beach somewhere!

[hometowngrl53]

Yes it dose make on think of the future of our retirement. This is sad to me to think there are older people out there working just to make it when they have worked all their lives to finally take a break and now this and you have to wonder if all the seniors can take advantage of this some probably cant work for what ever reason and how will they pay for their property taxes

[BobbyLL]

Originally Posted by hometowngrl53

you have to wonder if all the seniors can take advantage of this some probably cant work for what ever reason and how will they pay for their property taxes

I was thinking the same things because some elderly people are not physically able to work. This makes me think of my grandmother because she didn't really plan for her retirement. I am glad to see they are thinking of the elderly.

[lily]

It is nice that they are giving them an extra option to pay them off. It would have been even nicer if they had found a way to lower their property taxes. I haven't read the article fully, but I wonder if they are considered employees and receive an actual check and w2. I hope the money goes straight to their taxes.