money

Should Older Workers Have to Pay More for Their Pensions?

Posted on 04/7/2014 by | Legal Grounds | Comments

Bulletin Today | WorkYou’ve undoubtedly heard the advice again and again: If you are close to retirement age, you should max out your contributions to employer-sponsored retirement plans. But requiring older employees to contribute more than younger ones to a pension fund is another matter entirely, a federal appeals court in Baltimore held last week. “Certain older Baltimore County employees were forced to pay more for their pensions than younger co-workers,” David Lopez, the general counsel of the Equal Employment Opportunity Commission, said …

Bogus Bank Calls Are Back

Posted on 12/13/2013 by | AARP Blog Author | Comments

Bulletin Today | Money & SavingsDon’t “bank” on the authenticity of phone calls or text messages that claim to be from your financial institution, warning that there’s a problem with your account, debit card or credit card. This old scam is back, with a new wave of these bogus bank alerts. In the past week, according to news reports, thousands of people have been targeted in at least five states — Georgia, Kentucky, Massachusetts, Minnesota and Missouri. But there could be many more. The scam works …

There is Nothing ‘Fuzzy’ About Social Security Benefits’ Positive Impact on the Economy

Posted on 10/22/2013 by | Public Policy | Comments

Your LifeThe idea that Social Security benefit payments help support local and state economies and the national economy is obvious to all 57 million beneficiaries who spend their dollars at stores and to the merchants who sell them goods and services. But it is not obvious to many in Washington. In a town focused only on what Social Security payments mean for the federal budget, a new report by AARP’s Public Policy Institute highlights, in actual dollars and jobs, what Social …

Eudaimonia, Hedonism, and Happiness, Oh My!

Posted on 07/9/2013 by | AARP Blog Author | Comments

Your LifeEveryone wants to be happy — it’s a no-brainer. But what is happiness? The Greek word for happiness is “eudaimonia” which means “having a guiding angel.” In 1776, the Founding Fathers felt it important enough to mention the” pursuit of happiness” in the Declaration of Independence. By the 19th century, economists felt they could measure happiness in units of pleasure, but they learned that money could not buy happiness because a person with twice as much income as another was …

All Is Fair in Love & Gift-Giving?

Posted on 07/3/2013 by | Sex & Relationships | Comments

RelationshipsQ: I remarried two years ago and am happy as can be, except that my husband and I can’t figure out how to deal with gift-giving. I have to buy presents for 10 people on  his side, and he has only one person to buy for on my side. Can you help us find a logical solution? Dr. Pepper Schwartz: Hey, you’re a couple now — split everything! That means you will be doing more for him than he does …

Life@50+ Is a Sure Winner

Posted on 06/3/2013 by | The Ultimate Cheapskate | Comments

Money & SavingsI’ve never been a gambler, but I just returned from Las Vegas where a $25 bet netted people a big-time jackpot. No, I didn’t temporarily lose my miserly mind in the heat of the Nevada desert and roll the dice in some swanky Vegas casino. I’m way too cheap to tell people to throw away good money like that. I’m talking about a mere $25 for the cost of admission to the three-day AARP Life @50+ National Event held at …