Tell NJ Lawmakers: Support Older Workers through the Earned Income Tax Credit!
Tell NJ Lawmakers: Support Older Workers through the Earned Income Tax Credit!
The New Jersey Earned Income Tax Credit (EITC) is a refundable tax credit for low- to moderate-income working individuals and couples. The NJ EITC lifts thousands out of poverty. These dollars are spent in local communities, growing our economy for everyone.
However, this tax credit is not available to workers over the age of 64.
It is time to end this discrimination against older workers. Governor Murphy has proposed eliminating the NJ EITC’s age cap as part of the state budget process. It is now time for the NJ Legislature to act!
Older Americans are the fastest growing segment of the workforce. COVID-19’s health and fiscal crises has severely affected thousands. Many want or need to work longer. Moreover, New Jersey’s EITC requirements are not in step with current Social Security rules. Full Social Security retirement benefits are available at age 66 – increasing to 67 if your birthdate is after 1960.
The NJ EITC should be available to workers of all ages. Let’s eliminate the age cap now!
Tell NJ Lawmakers: Support older workers by eliminating the NJ Earned Income Tax Credit's age cap!