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Some countries offer tax breaks for elderly individuals, such as higher standard deductions or lower tax rates. These tax breaks are aimed at helping seniors manage their finances in retirement. It's important to check with a tax professional or the local tax authority for specific details on tax benefits for the elderly in a particular country.

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Continue Learning about Gerontology

How does social devaluation impact on the elderly?

Social devaluation of the elderly can lead to feelings of isolation, loneliness, and a sense of worthlessness. It can also result in reduced access to resources, services, and opportunities. Additionally, elderly individuals may experience discrimination, limited social interactions, and decreased quality of life as a result of social devaluation.


What is the impact of devaluation in elderly people?

Devaluation in elderly people can lead to feelings of worthlessness, low self-esteem, and reduced quality of life. It can also contribute to mental health issues such as depression and anxiety. It is important to provide support and validation to elderly individuals to help combat feelings of devaluation.


What was the health care program for the elderly enacted in 1965?

The health care program for the elderly enacted in 1965 was Medicare. It provides health insurance for Americans aged 65 and older, as well as certain younger individuals with disabilities. Medicare is funded through a combination of payroll taxes, premiums, and general government revenue.


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What is the noun form of elderly?

The word 'elderly' is the adjective form of the noun elder.

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