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 — …

Obama Frames Voting Reform Around 102-Year-Old Hero

The sheer determination of a 102-year-old Miami woman brought the U.S. government to its feet Tuesday night. In his State of the Union address, President Obama recognized Desiline Victor, a retired farmworker who voted last fall after enduring a wait that would have discouraged most voters. Lawmakers and other Washington VIPs rose to their feet and craned their necks to see Victor, sitting in the back row of the First Lady’s box. “When Desiline arrived at her polling place, she …

Rubio, in GOP Rebuttal, Says Obama Plan ‘Will Hurt Seniors’

Sen. Marco Rubio of Florida, a rising star in the Republican Party, used his platform as the rebuttal speaker to the State of the Union Tuesday to talk about his personal connection to programs like Social Security and Medicare. “Mr. President, I still live in the same working class neighborhood I grew up in,” said Rubio, whose parents came from Cuba. “My neighbors aren’t millionaires. They’re retirees who depend on Social Security and Medicare. They’re workers who have to get …

Obama: Don’t Break Promises for Secure Retirement

President Obama told the nation Tuesday that programs aimed at retirement security need reforming but don’t offer the solution to the nation’s deficit woes. In his 2013 State of the Union speech, Obama said across-the-board budget cuts scheduled to go into effect to tackle the deficit are difficult, but cutting Medicare and Social Security benefits instead would be a worse idea. “Yes, the biggest driver of our long-term debt is the rising cost of health care for an aging population. …

State of the Union – Let’s Talk

If you’re on Twitter… tonight’s a good night to follow us – or to sign up if you haven’t already… here’s a great starter guide.) We’ll be talking about the President’s State of the Union speech tonight, and what it means for Americans 50 and older. Watch the conversation here – and please join in! Tag your tweets with #sotu (and include @aarp if you want to make sure we see your tweets.) // Get the Tweet Blender widget and …