AARP New Jersey

Jeff Abramo

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Women have a particularly hard time saving for retirement- Secure Choice can help

Posted on 07/21/2015 by | AARP New Jersey | Comments

The following was written by one our volunteers.   Women retire with two-thirds the savings of men, because they are more likely to work in part-time jobs that do not qualify them for a retirement plan. As a working mother, I’m torn between being sad or mad that we are financially marginalized for the same reasons that the society expects us to fulfill the role of caregiving for our younger ones and elderly loved ones, along with managing other household chores. …

Financial planners should invest based on clients’ best interests, not their own

Posted on 07/10/2015 by | AARP New Jersey | Comments

Millions of Americans save for retirement using a 401(k), but how do they know if they are making the best investment decisions.  We may not all be Warren Buffet, but we all want someone like him advising us on how to best invest our retirement savings. However, the law does not hold all financial professionals accountable.  Some, like Certified Financial Planners, must act only in your best interest.  They can only do what they think will benefit you the most.  …

Secure Choice is a critical option for workers trying to save for retirement in New Jersey

Posted on 06/24/2015 by | AARP New Jersey | Comments

People are 15x more likely to save for retirement if they can do so at work   Right now, the NJ Legislature is working NJ Secure Choice Savings Program Act, which would help the more than 1.7 million working New Jerseyans who don’t have access to a retirement savings plan at work. Secure Choice makes it easier to save so everyone can live the life they want after they retire. It’s all about choice and control. It makes it easier …

Protect Consumers from Unexpected Out-of Network Costs

Posted on 06/17/2015 by | AARP New Jersey | Comments

Health insurance increasingly relies on limiting subscribers to networks to control costs. Most consumers, of course,  make great efforts to use only doctors and hospitals that are in network;  insurance companies make clear that in-network services will cost much less in out-of-pocket costs than out-of-network services – often the difference runs to thousands of dollars. However, in many cases, consumers are unaware that a provider is not in network. For example, the anesthesiologist aiding their surgeon may not be in …

NJ caregivers, have YOU requested your CARE Act wallet card?

Posted on 06/11/2015 by | AARP New Jersey | Comments

More than 3,000 CARE ACT CARDS have flown out of our doors so far. DO YOU HAVE YOURS?   Send your mailing address to us at aarpnj@aarp.org and we will drop yours in the mail TODAY! The CARE Act means a whole new set of rights are due to you as family caregiver for a loved one in the hospital. This wallet card will help make sure you know what those rights are. REQUEST YOUR CARD TODAY! Email us aarpnj@aarp.org to get …

The NJ BPU has failed those whose job it is to protect

Posted on 06/10/2015 by | AARP New Jersey | Comments

The letter below was written by an AARP New Jersey volunteer.    AARP stands firmly opposed to the recent decision by the New Jersey Board of Public Utilities (BPU) to allow Verizon to deregulate landline services for New Jersey consumers. This decision flies in the face of public interest. Belonging to a single-income family and having friends in small underserved communities, the deal will most likely impact public affordability and safety, due to higher costs, lower quality for phone service, …