9 Discounts and Benefits Taxpayers Can Enjoy This Year

Every dollar counts when planning for retirement. We just don't know what tomorrow will look like... the economic impact to our retirement savings, lowered purchasing power of our dollar, or unexpected major expenses that come up when least expected.

While most know about the common, everyday discounts at restaurants and retailers, many overlook some of the greatest programs available that can help stretch retirement benefits and savings.

Unfortunately many Americans could be missing out entirely simply because they don't know these programs exist. That's why we put together this list of the top discounts and savings opportunities that we could find for 2020.

Note that some of these special programs are only available online and may not be around much longer. For that reason, we recommend our readers claim as many of the below as possible to get the greatest amount of savings. Your future self may thank you for the prudent decisions made today.

1. Those Collecting Social Security May Consider a "Do-Over" to Claim a Benefits Boost

An obscure tax law allows those who collect social security to halt current benefits, pay back everything collected (interest-free), and restart benefits at a new, higher rate based on your current age. It's called "do-over" and it can dramatically increase social security.

Here's how it works... Let's say someone qualifies for full benefits of $1,600 a month at their normal retirement age of 66, but they decide to begin collecting benefits at 62. As a result, their retirement benefits will be reduced by 25% for the rest of their life (to $1,200 a month in this example) because they'll be collecting a smaller benefit for a longer period of time.

On the other hand, if that person delayed collecting benefits, they will receive an 8% credit for every year beyond their normal retirement age until they reach 70, when their maximum benefit will be 132% of what they would have received at age 66. In this example, this person would receive about $2,100 a month at 70 — a $900 difference!

Most don't realize this option is available to them, but that doesn't mean it's for everyone. Be sure to crunch the numbers and speak with a qualified advisor before doing anything drastic.

2. Stop Paying The Electric Company Once And For All — Use Government Rebates To Go Solar And Enjoy $0 Electric Bills

Here's something the power company doesn't want you to know. A little-known government program allows homeowners who live in these specific areas to receive big tax incentives to switch to solar.

The program is called the Federal Residential Renewable Energy Tax Credit, which provides subsidies and rebates that can cover most of the costs associated with installing solar panels. In fact, the average tax break gives back $4,860 just for installing solar panels.

Has your power company told you that? Most likely not.

Once homeowners go solar, their energy bill is drastically reduced — often to $0 or close to it. You can bet the energy companies are not too thrilled about that!

Homeowners can check if their home qualifies here and be on their way to eliminating electric bills.

Check if My Area Qualifies »


3. Homeowners Get $3,252/year Taken Off Their Mortgage With New Federal "Relief Program" This October

If you're a homeowner, this one thing could save yourself thousands of dollars this year...

The Fed recently issued new mortgage guidelines, which allows the average homeowner to get $3,252/year (or $271/month) taken off their mortgage as early as this October.

There's no telling how soon the Relief Program will expire, so it's suggested that homeowners complete the official mortgage relief survey here to check their eligibility right away.

While the banks happily wait for the program to end, a final push is urging homeowners to take advantage. The Relief Program is currently active but could be shut down at any given time. The good news is that once you're in, you're in.

So if reducing your payments by $271/month, paying off your mortgage faster, or even taking some cash out would help you, it's important to check your eligibility here. Checking your eligibility is quick and completely free!

Check My Eligibility »


4. Enjoy Transportation and Travel Discounts

For those that like to get out of town, vacation, or visit the grandchildren, be sure to always ask for discounts from the various travel providers. This is especially true for travelers 55 and over. Here are a few we know about...

  • American Airlines: There are various senior discounts that apply to various trips. Call to find out which are available.
  • Amtrak: Senior pricing is available for most Amtrak locations. This ranges from 10 to 15 percent off.
  • Alaska Airlines: Seniors can save a significant amount with discount plane tickets. However, discounts vary from one time frame to the next. Most commonly, seniors can save 10 percent.
  • Southwest Airlines: Seniors over 65 who are traveling with Southwest Airlines may be eligible for Senior Fares. These are available online and for international and domestic travel. You can also purchase Senior Fares through a customer service representative at the airline or a travel agency. You will need to arrive early at the gate to be able to prove your age in order to be checked in for your flight.
  • United Airlines: United offers discounted prices for flights for seniors over 65. Seniors need to select the Over 65 category when purchasing tickets online or with a customer service agent. Discounts vary depending on the flight and location.

5. Special Program Gives $250,000 in Life Insurance for As Low As $15/month!

If you have any family, life insurance is a must. Most people don't have savings large enough for their family to pay off their mortgage, cover living expenses, and pay for final expenses — never mind ensuring your loved ones don't inherit your debts.

Life insurance companies know all of this and the bigger the policy, the more they profit. They've been getting away with charging high rates for years – but that's all coming to an end.

Thanks to a new special program, there is now a way to get a rock solid, yet very inexpensive life insurance policy from top providers. Thanks to this amazing website it's easy to see and compare plans, regardless of age or medical history. The best part is it's totally free!

The website will run your options through their technology to automatically find the best life insurance policies available at the lowest possible price. Even if you already have a policy, it can find comparable plans at a much much lower price. You could easily end up saving up to 70% on life insurance!

No medical check and guaranteed acceptance policies are also available for adults of every age, even if you have been denied in the past.

Click here to see available plans.

Get Cheap Life Insurance »


6. Adults With $15,000 or More in Credit Card Debt Use This Brilliant Debt Payoff Plan

With the skyrocketing cost of living in the United States, more and more seniors are struggling with financial debt than ever before. And with interest rates snowballing the amount owed, owing on your credit cards can seem like a trap that can never be escaped. Here's what credit card companies don't want you to know...

For anyone with more than $15,000 in credit card debt, this debt relief program can greatly reduce the amount owed. The program can resolve debt without a loan – allowing many to become totally debt free in as little as 12 months.

So if you carry $15,000 or more in credit card debt, click here to see if you qualify for reduced payments!

Reduce My Credit Card Bill »


7. Save on Groceries

For those in or near retirement, lots of stores give a senior discount – you just might need to ask to claim the discount. Here's a list from the more popular stores across the nation that we gathered. If your local store is not listed below, be sure to inquire on your next trip.

Keep in mind that discounts and deals may vary and can change without notice.

  • Farm Fresh: 5% discount Tuesdays and Thursdays (55+)
  • Hy-Vee: depending on location will usually offer 5% discount on Tuesdays and Wednesdays (some stores set age to 65+)
  • Fred Meyer: 10% senior discount on the first Tuesday of every month
  • New Seasons Market: 10% discount every Wednesday
  • Compare Food Supermarket: 10% discount in participating locations, get in touch with your local store to find out more
  • Piggly Wiggly: varying discounts at participating locations (inquire)
  • Fry's Food: 10% discount on the first Wednesday of every month to all seniors with VIP card.

8. Paying More Than $16/Week for Car Insurance? Here's How to Save $610/yr Or More...

Did you know that depending on your age and other factors, car owners could get a generous discount on their car insurance?

In fact, if you're paying over $63/month for car insurance, there's a good chance you're paying more than you need to. It's quite common for this to occur, as most simply keep their same old policy in place... and those rates can creep up over time without really noticing.

Most people are also not taking advantage of the multiple discounts available to them (probably because they don't even know they exist). Luckily, finding these discounts and seeing how low your rate could be is super easy. Just use this brilliant website to check for discounts your area qualifies for.

» Click here to see if you qualify to save $610+ annually on car insurance

See If My Car Qualifies »


9. New "Roof Replacement" Program Helps Homeowners Get a New Roof

Homeowners should never have to pay full price for roof repairs again. In the past roofing work could cost a fortune. Worse yet, a bad roof can lead to tremendous damage, mold, animal infestation and other expensive situations that could be avoided with proper home maintenance.

No doubt replacing a home's roof is an easy thing to put off "until next season," especially since traditionally the cost could come with quite the price tag.

But thanks to this brilliant new website, it no longer has to cost homeowners an arm and a leg to get the roof replaced or repaired. In fact, homeowners that use the site will never have to pay full price for roof repairs again.

Now homeowners can get their roof replaced while saving thousands of dollars in the process by taking advantage of all special discounts, rebates and incentives available in their area.

Every homeowner should check to see how cheap it can be to get a new roof in their area.

Enter ZIP to Check Eligibility Here

Check If My Home Qualifies »


Bonus #1: Seniors Are Getting $1,632/yr Back On Their Home Insurance. Here's How to Claim Yours...

A new Special Program could impact your monthly home insurance bill in a big way, and thousands of savvy homeowners are cashing in by getting up-to $1,632/year back on their home insurance. Has your insurance provider told you about this? Probably not.

» Check Your Eligibility Here

Let's face it... everyone needs homeowners insurance. But how often have you actually used your insurance? Probably not nearly enough to make up for the cost year after year.

Here's something most people don't know about home insurance and it's one of the easiest ways homeowners can save this year...

Homeowners insurance is actually pretty inexpensive, but most people are paying far too much. In fact, most homeowners can now get an average $1,632 taken off their annual bill for the same or even better coverage by using this popular comparison site.

In just seconds, you can search available rates from the top providers to get the very best rate without a sales person jacking up the price. This is how homeowners are now getting a big saving on their rate. In fact, many report they're able to cut their rate in half or more by using this site to compare quotes for free.

Reduce My Home Insurance »»


Bonus #2: Homeowners Get $850 in Free Home Security Equipment Installed This October

Did you know that a home without a security system is 3x more likely to be broken into than a home with security. While installing a home alarm system isn't just to stop burglars and intruders, it may also save you big money year after year. A house alarm could greatly reduce your homeowners insurance policy too.

It’s also important for homeowners to have a high functioning alarm system installed so that they can get medical aid in the case of a life threatening emergency, especially for those who live alone.

For a limited time, homeowners can get $850 in FREE equipment + a $100 Visa gift card!

» Register here to see if you qualify for this deal

Register to Get a Free Quote »


Bonus #3: Never Pay Out-of-Pocket for Costly Home Repairs Again

Unexpected home repairs can be catastrophic to the finances of any homeowner. Unfortunately home insurance will not cover the refrigerator, stove or washing machine breaking down unexpectedly. Same goes for your heater in the winter or AC unit in the summer. If any of these items break, it can run hundreds or even thousands of dollars.

This is why many homeowners are getting this new Home Warranty Program. It can end up saving thousands in the long run by protecting unexpected home repairs. The furnace, appliances, roof repairs, air conditioning – it's all covered under this new program!

Click here to learn more...

Click to Learn More »


Don't Forget to Claim The Most Popular Money-Saving Discounts…

✔ Go Solar and Enjoy $0 Electric Bills: Click here to see if your zip code qualifies.

✔ Claim $250,000 in Life Insurance: Click here to search discounted rates on life insurance!

✔ Get Rid of Credit Card Debt: Click here if you have more than $15,000 in credit card balances.

✔ Cut Your Home Insurance In Half: Click here to get a free quote and compare rates

✔ Save on Car Insurance: Click here to save $610+ on car insurance!

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