Catherine Harvey was a senior policy advisor at the AARP Public Policy Institute. Her areas of expertise include consumer finances, retirement, and economic inequality.
A few thousand dollars of liquid savings – in this case a federal stimulus payment – can make a profound difference in Americans’ financial well-being.
The recent government shutdown served as a very public reminder of a widespread reality in urgent need of solutions: far too many American families are a paycheck away from financial distress
AARP is partnering with MassChallenge FinTech, a zero-equity accelerator that matches later-stage startups with industry changemakers to transform financial services. Applications are open until October 12, 2018 for @MassChallengeFT’s inaugural cohort.
As the saying goes, you can’t predict the future, but you can plan for it. When it comes to preparing for life’s inevitable surprises–a flat tire, a sick pet, or a pay cut—modest savings of a few thousand dollars or even a few hundred can mean the difference between a minor setback and a major…
One of the most popular ways to save for higher education is through a savings or prepaid tuition plan known as a Section 529 qualified tuition program, or 529 plan. Currently 49 states and the District of Columbia offer 529 plans. Thirty-three states give a state tax break to parents, grandparents…
More than 30 states are considering creating retirement savings plans for small-business employees who do not have a retirement plan at work, and seven states are already implementing them. These programs would provide the opportunity for millions more workers to save for retirement out of their…