Property taxes keep going up: What retirees should do—and not do—if they can’t pay them

Property taxes are constantly rising and that can be hard for some people to pay for. Especially the elderly. They are still getting the same amount of retirement, but the taxes are rising. There are some things that they can do to help ease the rise of cost. Start out by seeing if you can get into some sort of payment plan. Do not ignore the bill as it won’t go away and it will pile up making things worse.

Key Takeaways:

• If you are struggling with rising taxes, get some help from various counseling agencies.
• If you can’t pay, don’t ignore the bill and set it aside. Contact the company, they may help you out.
• See if you can set up some sort of payment plan to ease up on the rising bills.

“Nationwide, the property-tax bill for a single-family home rose 4.4% in 2020, according to Attom Data Solutions.”

Read more: https://www.marketwatch.com/story/property-taxes-keep-going-up-what-retirees-should-doand-not-doif-they-cant-pay-them-11641495538