age allowance

noun

1. an income tax allowance given to taxpayers aged 65 or over

Example Sentences

U.S. teens have long crossed the border into the province of Quebec, where the drinking age is 18, and some say a lower recreational marijuana age allowance in Canada could mean an influx of pot tourism among young Americans.

Read more on Washington Times

Beyond social security and an old age allowance, the Hong Kong government breaks its subsidized services into three sections, each of which quite nicely lines up to China’s own stated 90/7/3 policy.

Read more on Forbes

Although this method initially started out as a complete experiment for my family, I really like the “Half Your Age” allowance rule.

Read more on US News