$6,000 Senior Bonus: A Welcome Boost for Those 65 and Older
Turning 65 comes with many milestones—and now, a thoughtful financial bonus you might not expect.
Thanks to the One Big Beautiful Bill, qualifying individuals 65 and older can claim an extra $6,000 standard deduction on top of the regular deductions. That could meaningfully lower your taxable income right when keeping more of your retirement matters most.
This provision isn’t permanent, but while it’s here, it’s a gentle reminder that policy changes can work in your favor.
Many nearing or in retirement feel overwhelmed by shifting tax laws.
We hear that often—and we’re here to listen and help make sense of what applies to you.
Want to know if you qualify and how to take advantage? Reach out to our team at InterlockFinancial.com to schedule a friendly conversation today!