Iowa lawmakers introduce Guard Act to empower local police against financial fraud scams Bipartisan Guard Act aims to enhance local law enforcement's tools against financial scams targeting seniors.

A staggering $61 billion was stolen from seniors in 2023 alone, prompting urgent discussions on innovative solutions to combat financial fraud.

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Legislature amends tax code to exempt $500K deferred compensation for seniors and disabled New tax law exempts up to $500,000 nonqualified deferred compensation for eligible taxpayers.

Iowa's Senate Bill 201 could change the financial landscape for seniors and disabled individuals by allowing them to exclude up to $500K from taxable income—will it pass?

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#IA #IowaSeniors #DisabilitySupport #RetirementPlanning #CitizenPortal