New AARP research finds that about half of American working adults, or about 56 million people, lack access to a payroll-deduction workplace retirement savings plan, making it much more difficult for them to save for retirement. Small business employees, workers with low-to-moderate earnings, and…
Long-term services and supports (LTSS), also known as long-term care, is a reality of life, touching almost everyone in some way. These services are often particularly essential for people with chronic health conditions or disabilities to manage daily activities and maintain their quality of life.…
Within a decade, the U.S. population will consist of more adults over 65 than children under 18. To prepare for rapid population aging, Age-friendly Community (AFC) programs across the country are helping towns, cities, counties, and states transform their communities into great places to grow up…
Lately you may have noticed a growing number of commercials filled with people happily touting the benefits of their new joints. Experts expect such procedures to become increasingly popular as the active boomer population continues to age. However, the commercials typically gloss over the fact…
Millions of older people and adults with disabilities receive services in their own homes and communities, but little is known about their quality of care or quality of life. However, an exciting and relatively new assessment called the National Core Indicators — Aging and Disabilities (NCI-AD) is…
When the Consumer Financial Protection Bureau (CFPB) began operation just over four years ago, consumers were made — for the first time — a priority for federal financial regulators. As chief financial regulator in Vermont from 1992 to 2003, I was often prevented by federal law from protecting the…
Federal law prohibits traditional Medicare and Medicare Advantage providers and suppliers from billing people who are qualified Medicare beneficiaries (QMBs) for Medicare deductibles, coinsurance and copayments — a practice known as balance billing. Qualified Medicare beneficiaries (QMBs) are…
We are a data-driven society. We need data to address the challenges and opportunities facing the 50-plus population. I am pleased to announce that today AARP’s Public Policy Institute launched the AARP DataExplorer , a free website tool that provides a rich collection of data on issues relevant to…
After years of waiting, the “smart home” is finally becoming a reality for many consumers. The idea behind the smart home is to help automate routine tasks and make homes more efficient.
When looking to manage a loved one’s finances, leave money to a beneficiary or simply monitor an immediate family member’s account, many turn to joint accounts. While they may be easy to use, as described in a recent blog, joint accounts have risks. And there may be better options, depending on…
Joint bank accounts can be a great convenience for people who share income and expenses — often the case with married couples. However, joint accounts also can have disadvantages. It is important for consumers to understand what a joint account is and what it is not, along with all its…