No 2016 Social Security Benefits Increase; Medicare Premium Spikes for Some

It’s official: Not only will almost 65 million Social Security recipients not get a cost-of-living increase next year,  millions of Medicare beneficiaries will see their premiums for doctor visits and outpatient care go up by more than 50 percent unless the government intervenes. The Oct. 15 announcement by the Social Security Administration confirmed projections in the Social Security and Medicare trustees reports released in July: For the third time since 2010, there will be no bump in checks because falling energy …

AARP Survey: Today’s ‘Retirement’ Dream Often Includes a Job

En español |  Don’t expect boomers to jump into retirement and pursue a life of full-time leisure. Once they leave the workforce, many of them want to, well, continue working — often in an entirely new field. That’s according to a new survey by AARP of nearly 5,000 workers ages 50 to 64. More than one-third of those polled expect to work for pay — preferably part time — in retirement. And 44 percent of that group would like the position …

Social Security Outlook Improves, but Disability Needs Urgent Action

The financial health of Social Security has improved slightly in the past year, with the system expected to exhaust its reserves to pay benefits in 2034, a year later than previously projected, according to the 2015 Social Security Trustees Report, released July 22. At that time, if Congress has taken no action, Social Security will have enough payroll taxes coming in to cover 79 percent of promised benefits for another 56 years, the report said. The annual report forecasts the …

Disrupting the Way We Think About Older Workers

AARP has always believed in the value of older workers, that they can be a genuine asset in the workplace. Now we have new evidence to back that up. In the wake of the Great Recession, we took a fresh look at data about hiring and retaining workers who are 50 and older. The AARP study, “A Business Case for Workers Age 50+,” which came out just last month, not only confirmed earlier research but also indicated that today the …

Own Your Age — And Resist Ageism

This post is adapted from remarks that AARP CEO Jo Ann Jenkins delivered on the opening day of the Life@50+ national event and expo in Miami. How old would you be if you didn’t know how old you are? Just think about that for a moment. It’s an intriguing question. How does your age affect the way you behave, what you do and what you don’t do? How often do we give in to society’s – or the media’s – idea of what “old” …

11 Things We Didn’t Know Last Week – April 1 Edition

News, discoveries and … fun We’ve hidden a few April Fools items in 11 Things this week. Tell us which ones you think they are in Comments below — and no peeking. 1. Among the new species discovered last year is the Tinkerbell Fairyfly, in Costa Rica. (Learn more at the International Institute for Species Exploration) 2. A 1,000-year-old remedy that mixes juices from onion and garlic with bile from a cow’s stomach successfully combats the deadly MRSA superbug. (Learn more at …