Six Tax Breaks That Get Better With Age

Age plays a pivotal role in several tax credits, deductions, and rules — sometimes for the better.

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(Image credit: Getty Images)

Did you know that several tax credits, deductions, and rules hinge on your age? For instance, age might determine how much you can deduct on your federal tax return for long-term care insurance premiums. In other cases, your age dictates when you must begin complying with specific rules that affect your tax liability, such as taking required minimum distributions (RMDs). 

Knowing which tax regulations and benefits link to which ages can aid in tax planning and potentially reduce your tax burden before and during retirement.

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Kelley R. Taylor
Senior Tax Editor,

As the senior tax editor at, Kelley R. Taylor simplifies federal and state tax information, news, and developments to help empower readers. Kelley has over two decades of experience advising on and covering education, law, finance, and tax as a corporate attorney and business journalist.