Although Arizona property taxes can be quite high, the state does not charge a tax on Social Security benefits, making Arizona a popular destination for retirees, but in addition to tax breaks, seniors can also enjoy of a series of discounts and special offers in attractions, entertainment, shopping and restaurants.
Some cities even have entire days dedicated to lowering the price of local goods for seniors, such as Phoenix Senior Discount Days, while other cities and counties offer discounts on public transportation for residents and guests over 65. years. with a customer service person when purchasing your tickets.
There are also a number of Senior Centers throughout the state that offer activities and programs, significantly reduced-price meals, and even special events. In short, if you are planning to retire to Arizona, or are simply trying to take a vacation as a retiree, there are a number of benefits that will directly help you reduce your expenses in the state.
State taxes and senior benefits
Homeowners in Maricopa County who meet certain income restrictions and valuation limits can freeze the level of their property taxes or receive certain exemptions, and all residents of the state do not have to pay a tax on the benefits of the property. Social Security .
However, retirement income and pensions are taxable in Arizona, and the only income tax benefit that is based on age only applies to personal exemptions for those 65 and older. Also, there is no discount on automatic registration for seniors, nor is there a break in the personal property tax they pay each year on their vehicles.
Still, HuffPost named Arizona one of the most tax-friendly states for seniors in 2014 for having no estate, inheritance, gift, or Social Security benefits taxes, which goes a long way toward reducing the amount of Taxes deducted from seniors’ annual retirement earnings. This, along with lowering the prices of things like attractions and restaurants, can really help prevent seniors from moving or visiting the bankrupt state in retirement.
Discounts on attractions and restaurants
From beautiful National Parks like the Grand Canyon to dark attractions like Meteor Crater, Arizona is filled with popular destinations for seniors, many of which offer discounts for those 55 (or 65, depending) and more.
City tourism departments often offer a special list of activities that are especially enjoyable for the elderly, such as the City of Sedona offering an active seniors guide including a hot air balloon tour of the red rocks, adventures in wines and discounts for the Out of Africa Wildlife Park.
Most major restaurants in Arizona cities also offer a senior meal discount, all you have to do is present your AARP card (at participating locations) or tell your server that you are old enough. gold of your life and would like to know if the establishment offers a price reduction for being over 65 years old.
