AARP Illinois Financial Security Forums – November

Posted on 10/23/2014 by | AARP Illinois | Comments

Money & Work You work hard and you deserve a secure financial future. In today’s economic climate, you know you can’t count on Social Security alone to have the retirement you want.  After decades of hard work, you want financial independence and security to enjoy your future.  AARP is working to help you plan by providing free, unbiased information so that you can make smart financial decisions. That’s also why AARP is advocating for Senate Bill 2758 – the Illinois Secure Choice Savings …

Renewed Push for ‘Secure Choice’ Savings Plan

Posted on 10/1/2014 by | AARP Blog Author | Comments

Money & Work AARP Illinois is pressing for legislation that would provide an automatic Roth IRA for more than 2 million people who currently lack access to a retirement savings plan at work. Under the Secure Choice Savings Program, any Illinois company that has been in business at least two years, has more than 25 employees and does not offer a retirement plan would be required to participate. Workers would be automatically enrolled in the IRA when hired unless they choose to opt …

Plan to Tax Retirement Income Sparks Debate

Posted on 06/1/2014 by | AARP Blog Author | Comments

Money & Work By Kelly Soderlund In a proposal to dramatically change how Illinois collects taxes, a Chicago think tank has recommended that the state tax all forms of federally taxable retirement income. If enacted, that would alleviate much of the state’s budget crisis, but also leave nearly 1.5 million retirees with less money in their pockets. The Civic Federation, a nonpartisan government research organization, released a report in March outlining its proposal for how to make up for the state’s $5.4 billion …

AARP Experience Corps Chicago Hiring RSVP Program Specialist

Posted on 05/14/2014 by | AARP Experience Corps | Comments

Money & Work Hey blog readers! Just a quick note to let you know that we’re hiring! Read below for all the details. We look forward to having a new team member. Position Description: RSVP Program Specialist    Position Responsibilities This position reports to the Academic Tutoring & Mentoring Partner (Program Director). The RSVP project acts as a clearinghouse for volunteers 55+ at designated nonprofit organizations, referred to as volunteer stations. The RSVP program specialist will handle the day to day operations of …

Pushing Back on Unemployment Benefit Cuts

Posted on 05/1/2014 by | AARP Blog Author | Comments

Money & Work Illinois is one of two states that have laws penalizing older workers in company layoffs by reducing unemployment benefits for those who have Social Security income. Twelve years ago, 21 states plus the District of Columbia had such “offset” laws on the books, but most states have repealed them. AARP is pushing to repeal the Illinois law, which affects more than 17,000 workers. The law reduces unemployment benefits by 50 cents for every dollar of Social Security income workers receive. …

Look…He’s So Cute…And FREE!!

Posted on 04/10/2014 by | AARP Illinois | Comments

Money & Work Welcome back to “Oh NO You Don’t” – our bi-weekly fraud blog post by yours truly, Terri Worman, Associate State Director here at AARP Illinois. FINALLY the weather is feeling more like spring…warmer breezes and sunshine! People are taking those first walks outdoors in neighborhoods and parks all across the country. And inevitably you see perfect strangers exchanging grins and “can I pet ‘em?” questions as they stoop to pet the cutest puppy you ever saw!! Well, sorry to have …