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 …

Obama Proposes Middle-Class Tax Breaks

In his penultimate State of the Union address, President Barack Obama on Tuesday night announced wide-ranging proposals he said would improve the economic prospects of the middle class, including helping families pay for college and child care, while giving more workers access to retirement plans. To help pay for these expanded benefits, the president also wants to increase the taxes paid on inherited assets of higher-income households. Many agree that it’s a long shot the president will get his wish list — …

AARP Will Work With President, Congress for Secure Future

The 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 …

AARP CEO Reacts to State of the Union Address

In a statement released tonight, after the State of the Union address, AARP CEO A. Barry Rand said: “While economic statistics point towards a rebound, Americans still need relief. We are encouraged by the President’s commitment to help current workers build their own lifetime economic security through the creation of the Automatic IRA, a low-cost, high-impact tool that would help tens of millions of American workers who do not currently have access to a retirement savings plan at work. As …

AARP Tweets The State of the Union!

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