Obama

MyRA — Thumbs Up or Thumbs Down?

Posted on 01/30/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsA day after President Barack Obama gave the go-ahead for the Treasury Department to create a “starter” savings account, experts are weighing whether it will be worthwhile or just another ignored investment tool. Critics note, for instance, that the so-called myRA will do little to overcome the huge shortfall in retirement savings among so many workers. The conservatively invested accounts, though they won’t lose money, won’t make much of a return, either. And the myRA is voluntary, so it’s unclear …

5 claves del discurso de Obama sobre el Estado de la Unión

Posted on 01/29/2014 by |AARP Blog Author | Comments

En Español“Oportunidad para todos”. Ese es el título que eligió el presidente Barack Obama para su discurso ante el Congreso para informar sobre el Estado de la Unión, donde precisamente hizo énfasis en la igualdad, la clase media y el empleo. Obama dijo que quiere trabajar con los republicanos y encontrar la forma de avanzar en la agenda bipartidista, pero dejó en claro que si no obtiene esa ayuda actuará solo. Estos son 5 de los puntos clave del presidente en …

Obama’s MyRA Gets Early Go Ahead

Posted on 01/29/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsPresident Barack Obama is moving quickly to make good on his pledge to create a new “starter” savings program for workers without a retirement plan on the job. He announced in his State of the Union speech Tuesday night that he would use his executive authority to establish a so-called myRA (my retirement account) that would allow workers to direct a portion of their pay into an account that invests in government securities. On Wednesday afternoon, he signed a presidential memorandum to …

AARP Will Work With President, Congress for Secure Future

Posted on 01/29/2014 by |AARP CEO | Comments

PoliticsThe president’s speech tonight addressed issues AARP has been working on since long before President Lyndon Johnson’s war on poverty began over 50 years ago. Social Security and Medicare have helped make a difference by protecting the middle class and keeping millions out of poverty, but many families and Americans of all ages continue to struggle. As we look toward this season of new budget proposals, we also urge the president and Congress to fight for responsible solutions to strengthen …

11 Things We Didn’t Know Last Week

Posted on 11/20/2013 by |News, Culture, Sights and Sounds | Comments

11 Things | Bulletin TodayNews, discoveries and fun … 1. Now you can stay in Africa’s first underwater hotel room. (Learn more at BBC) 2. Scientists have discovered trapped seawater near the Chesapeake Bay that may be 150 million years old. (Learn more at Washington Post) 3. Despite reports to the contrary, comedian Andy Kaufman is still dead. (Learn more at AARP) 4. After 150 years, the Harrisburg Patriot-News admits that the Gettysburg Address wasn’t “silly remarks.” (Learn more at Patriot-News) 5. An airplane …

Will the Fiscal Crisis Ensnare Social Security and Medicare?

Posted on 10/9/2013 by |Washington Watch | Comments

Bulletin Today | PoliticsNot again. It looks as if cuts in Social Security and Medicare may soon be pulled into the budget battles now under way on Capitol Hill. In an op-ed piece in today’s Wall Street Journal titled “Here’s How We Can End This Stalemate,” House Budget Committee Chairman Paul Ryan (R-Wis.) describes changes in the two programs as “vital.” Sign up for the AARP Money Matters newsletter “Let’s negotiate an agreement to make modest reforms to entitlement programs and the tax code,” …