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Property tax deferral programs can give more financial flexibility to retirees on a fixed income. fizkes / Shutterstock.com
If you’re living on a fixed income or struggling to hold on to your home, you might be relieved to learn about property tax deferral programs. Generally offered through state or local governments, these programs enable eligible homeowners to postpone paying part or all of their property taxes — for anywhere from one tax year to as long as they own the home, depending on the program.