OVER 65 EXEMPTIONS (CL 41C) $1000.00

New Applicants:

Must have reached the age 65 by July 1 for year of application. (A Birth Certificate is required the first year of application)

Financial Information:

Income: (pension, wages & social security) cannot exceed $30,000 if married and $20,000 if single, widowed or divorced.

Copies of SS statement

Tax Returns (if still filling) Are required

Pension statements

Copies of your SSI and Tax Returns (if still filing) are required each year

Assets: Cannot exceed $55,000 if married and $30,000 if single, widowed or divorced.

Assets are defined as:

Savings, Stocks, Bonds, Securities, CD’s, IRA’s, Treasury Bills, 401K Plans, Annuities and other Real Estate (times shares, camp sites, summer homes, etc. in or out of state). Copies of bank statements, tax bills for other property are required each year.