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The deadline for filing you income tax is past, most have made the deadline, but there are those who have not.
If they owe money and cannot afford to lay out cash to pay the tax. they will have to pay a penalty of 5% plus more each month they do not pay it.
Many Seniors fall into this catagory, it is hard to come up with some cash at tax time, if you are on a fixed income.
There are ways to make the filing and paying of tax a little more bearable.
By putting money aside each week into a R.S.P, or by using one of the other tax deferal methods,
when tax time presents itself again, you will be ready.
Another method used, is having your employer deduct extra $ each pay period. ( if you have a job that pays)
Some prefer this method to make sure they do not have to pay more at the end of the year.
This method is not reccomended, as you do not make any money in interest.
After a year and a half of retirement, the focus on what is important and what is not, is becoming much clearer as time passes by. At this point in time they are, keeping healthy, both in mind and body and being wise in our investments, so we can get a return and hopefully be able a little more comfortable in our later life.
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- Educational Opportunities
- seniors clubs
- Health care for seniors
- Look at health and fitness:
- Set general goals and objectives:
- Review life up to this point:
- Have osteoporosis?
- Arthritis or stiff joints?
- Ritire from or Retire to
- Don't want to exercise?
- To Tired?
- Improving your Strength & Balance
- variety of activities
- Being active
- You're never too old
- Physical inactivity
- Physical inactivity
- Your health and independence
- tips for th fridge
- starting gardening at retirement?
- getting past tax deadline
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