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 …

Obama Floats New Options for Retirement Savings

Small businesses would be able to band together to create a joint 401(k) retirement plan, and some part-time workers could participate in their employer’s plan, under proposals to be included in President Obama’s final budget to Congress. An outline of these and other proposals to expand access to retirement accounts to more than 30 million people was released Jan. 26. More details, along with cost figures, will be available when the president submits his budget next month. Some ideas are …

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 …

Why We Should Rise to the Pope’s Challenge

En español | Today I was honored to attend the White House arrival ceremony for Pope Francis. Along with the president and the first lady, my husband and other invited guests, I witnessed firsthand the pope’s energy and style, as he dove into his much-anticipated visit to the United States. Pope Francis engenders incredible enthusiasm wherever he goes. So whether it’s social media (#followfrancis), politics (meeting with President Obama and addressing Congress) or the cities he visits (closed streets and …

White House Conference Turns Spotlight on Aging Issues

President Barack Obama and a host of experts and advocates for older Americans gathered at the White House July 13 to discuss a variety of issues about aging in America. Government programs such as Medicare, Medicaid and Social Security are great triumphs, Obama told nearly 200 attendees at the White House Conference on Aging, which since 1961 has been held about once a decade to help chart the course of policies on aging. More than 600 “watch parties” were held …

Retirement Security: ‘It’s About Honesty, Fair Play, Dignity’

Thanks to the determination of millions of hardworking Americans, our economy has come a long way since the financial crisis seven years ago. Our businesses have created more than 12.8 million new jobs over 64 straight months — the longest streak on record. Our high school graduation rate is at an all-time high. More Americans are finishing college than ever before. And more than 16 million additional Americans have health care — and the uninsured rate is the lowest on …