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Older Workers Can't Claim This Valuable Tax Credit; Biden Wants to Change That


For many Americans, working during retirement can mean the difference between struggling financially and having the security they deserve. Unfortunately, older Americans often struggle to find work due to age discrimination or health issues.

Sadly, even those seniors who do manage to keep a job are at a disadvantage because they're generally not eligible for an important tax break. If elected, Democratic U.S. presidential nominee Joe Biden has vowed to change that. 

In his plan for older Americans, former Vice President Biden has vowed to change the rules if elected president to make the Earned Income Tax Credit (EITC) available even to workers ages 65 and over who are without qualifying children. 

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Source Fool.com


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