A Tax Hike Is Looming for Some Seniors in 2017. Here’s How Congress Can Stop It

It may not seem like it for many Americans, but recent health care spending in the United States has been growing at historically low levels. Between 2000 and 2007, per capita health spending grew at an average annual rate of 7.55 percent. Then we saw a steep decline between 2008 and 2014, when the rate dropped to an average 3.2 percent per year. Many Americans, however, may be scratching their heads because they notice the effect health care costs have …

AARP Lauds Reauthorization of Older Americans Act

AARP applauds Congress for passing the long-awaited bipartisan legislation reauthorizing the Older Americans Act (OAA) after the Senate passed the House-amended bill on April 7. Last month, the U.S. House of Representatives passed an amended version of S. 192, legislation that passed unanimously in the Senate in July 2015. The Older Americans Act (OAA) is the law that since 1965 has provided a variety of essential programs and services to our most vulnerable older Americans, including Meals on Wheels, access …

Bipartisan Family Caregiver Tax Credit Introduced in U.S. Congress

En español | Think for a moment how busy and chaotic everyday life can be: juggling careers, kids, finances and more. Now imagine also caring for a parent, spouse or child with a disability, maybe even around the clock. Every day about 40 million Americans — myself included — care for our loved ones so they can live independently at home and in their communities, where they want to be. We drive to appointments, prepare meals, manage medications and so …

AARP Calls on U.S. House to Reauthorize the Older Americans Act

The Older Americans Act (OAA) is the law that since 1965 has provided a variety of essential programs and services to our most vulnerable older Americans, including Meals on Wheels, access to abuse prevention services, transportation assistance, and support for family caregivers. OAA programs save taxpayers money by reducing unnecessary hospital readmissions, and help older Americans stay in their homes and communities, where they want to be. Ending hunger could be a SNAP » Since 2010, AARP has consistently supported congressional …

New Proposal Could Help Small-Business Employees Save for Retirement

Multiple employer plans are one option for small employers President Obama released the final proposed budget of his presidency on Feb. 9, and several items focus on financial resilience and retirement security, issues on which AARP has long advocated. Social Security provides the most important base of income, but Social Security was never intended to be the sole source of retirement income. In addition, we need a strong and adequate employer-based system. Access to a workplace retirement plan is critical …

4 State of the Union Takeaways for People Age 50+

By Nancy LeaMond The president’s actions following his final State of the Union will have an impact on Americans 50-plus in the many years after he finishes his second term. Here are four takeaways for you and your family to keep an eye on in the future: The Important Rule That Could Save Consumers $17 Billion a Year On Tuesday night the president, said, “For everyone else, especially folks in their 40s and 50s, saving for retirement or bouncing back …