The Economic Times

Retirees could claim new $6,000 tax deduction heres who qualifies and how to get it

New $6,000 tax deduction for retirees can help seniors save money on taxes from 2025 to 2028. People aged 65+ with lower income may qualify and reduce their taxable income. Married couples can get even bigger benefits. This rule can lower tax bills and increase refunds, making retirement finances a little easier for many older Americans.