Access to an employer-based, payroll-deduction retirement savings plan plays a key role in allowing people to save for the future. Yet nearly half of American workers, or about 56 million, do not have access to such a plan. To address this challenge, in recent years a growing number of states have…
In a recent AARP focus group, Malcolm (name changed for privacy), a 64-year-old man with health insurance through his employer and a preexisting condition, shared how over the course of a year, he received two low-balance medical bills he couldn’t afford to pay. The bills went to collection, which…
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…
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…
Most Medicare enrollees can expect to pay the same amount for their Medicare Part B coverage (the portion of Medicare that pays for doctors’ services and outpatient care) in 2016 as they do this year ($104.90), according to estimates from the latest Medicare trustees report. But about 1 in 7…
Good oral health is a vital part of general health and overall well-being. However, it requires the regular use of dental services. Yet many older adults are unable to afford the care they need to maintain healthy teeth and gums. Moreover, there are significant disparities in financial access to…
Not a day goes by that I don’t meet someone who is caring for a parent, another adult family member or a close friend with a chronic, disabling or serious health condition. This unpaid family care — known as “family caregiving” — is almost universal today as our population ages.
About 40 million people in America care for a family member, neighbor or friend who has limitations in everyday activities. We call these people “family caregivers.” Most of them juggle work and family caregiving responsibilities, which can seriously affect their physical and emotional health.…
Automatic enrollment for retirement saving is both effective and popular among all income, gender and ethnic groups. It has increased participation, helped people to both start saving earlier and to make appropriate investment choices.This mechanism would be even more useful, especially for younger…
The Livability Index: Great Neighborhoods for All Ages does a few unique things and we are glad to know that residents and policymakers are beginning to use it. The index’s categories cover the wide range of issues that affect people’s lives and their ability to stay in their neighborhood if they…
How well does your community meet your needs — both today and in the future? With AARP Public Policy Institute’s new Livability Index: Great Neighborhoods for All Ages, people and policymakers have a first-of-its-kind resource to determine how well their neighborhoods support all members of the…
En español | Hundreds of thousands of people are going virtual to get their health care — replacing traditional face-to-face visits with telemedicine, or health services provided via telecommunication systems by health care professionals at a different location. Telemedicine has a variety of uses.…