More older adults are working later into their lives, making them the fastest growing segment of the labor force, according to the federal Bureau of Labor Statistics. Still, less than half of households led by people over age 55 have any savings, according to state figures, and research shows the rate of bankruptcy filings for those over 65 are increasing rapidly.
Older workers with dependents could receive up to $2,879. Individuals making $16,750 or less could receive up to $232.
We have a calculator tool on our website that allows people to determine their eligibility and estimate their refund. Older adult workers who qualify for the Cal EITC are also likely eligible for CalFresh food assistance and other public benefits.
AARP Foundation is working with CalEITC4Me to help hundreds of thousands of older adults throughout California keep more of the money they’ve spent decades earning.