Saturday, April 17, 2010

The Senior Freeze

Senior citizens in Haddonfield should know about the “Senior Freeze”. Senior citizens with individual adjusted gross income less than $80,000 in 2009 are eligible for a freeze on their property taxes and therefore would not have to pay the 3.25% proposed tax increase. They can support the school budget, or not vote at all, with no impact to their taxes if they are eligible and file with the state for this tax freeze.

This could provide a significant savings for those who are unaware and qualify. Also, the freeze is retroactive for seniors who qualified in past years but were not aware of this program. Here's the link to the state site: http://www.state.nj.us/treasury/taxation/propfrez.shtml

Spread the word!

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