School-related property tax valuations frozen at age 55 for qualifying homeowners, combined with larger homestead exemptions, significantly lower senior property tax burdens.
Tax relief: New York seniors to get up to 65% property tax exemption
New York law allows localities to increase senior property tax exemptions from 50% to 65% for eligible seniors, reducing tax burden and aiding aging in place.
600,000 Retirees in Iowa Qualify for the 'Senior Deduction' Under Big, Beautiful Bill
The One Big Beautiful Bill Act provides significant financial relief to Iowa's seniors by exempting 600,000 from federal taxes on Social Security income.