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The bill, sponsored by Sens. Tammy Baldwin and Patty Murray, would prevent the withdrawal of retirement funds by one spouse without the consent of the other. It also would establish grants to boost financial literacy among working and retired women and require sellers of retirement financial products to provide buyers with consumer protection information.
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Calling the law’s passage “a monumental achievement,” Jenkins vowed to continue AARP’s decades-long fight to lower drug prices for seniors who are struggling to pay for their medications.
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The legislation, which Gov. Daniel McKee signed into law on June 20, requires retailers that sell gift cards to post prominent warnings about related scams wherever the cards are displayed.
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For all we’ve achieved, a great deal of work remains to be done. More and better options to provide caregivers with information, training, financial support, community services, and leave policies in the workplace are high on our agenda — and needed more than ever.
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State-facilitated retirement savings programs in Minnesota, Vermont and Nevada would begin in 2025. Missouri's governor signed a bill into law July 6 that creates a voluntary public-private retirement option for small businesses.
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The foundation, which litigates on behalf of older adults, filed an amicus brief supporting the federal Equal Employment Opportunity Commission in its case against Yale New Haven Hospital (YNHH). The hospital’s “Late Career Practitioner Policy” requires neuropsychological and eye exams for physicians and other medical staff who are 70 and older.
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Gov. Mike Parson signed legislation July 6 that would allow all Missourians to deduct Social Security income on their state tax returns starting in 2024. Previously, state tax on Social Security was only exempt for those 62 or older with taxable income of up to $85,000, or $100,000 for a couple filing jointly.
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Garden State residents pay the highest property taxes in the nation, with an average tax bill of $9,500. The legislation, which Murphy signed into law June 30, will give residents 65 and older a 50 percent credit on their property taxes, up to $6,500, starting in 2026. Homeowners with incomes less than $500,000 are eligible.
The law also immediately expands two property tax relief programs for older, lower-income homeowners and renters.
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Visit aarp.org/fightingforyou to learn more about how AARP acts as your fierce defender on issues that impact adults 50-plus.