AARP Poll of Pennsylvania Likely 50+Voters Shows “Anxiety Index”

Posted on 08/19/2014 by | AARP Pennsylvania | Comments

Money & Work AARP Poll of Pennsylvania Likely 50+Voters Shows “Anxiety Index” Voters Worry Secure Retirement Slipping Away, Want to Elect Candidates Who Address Economic Security AARP Pennsylvania today released a new election year poll showing that 50+ voters in November elections worry a secure retirement could be out of reach for them. Voters also want candidates to focus on improving financial security, as they believe incomes have not kept up with their cost of living, especially health costs, taxes and retirement security. …

Task Force Targets Scams, Bad Deals, Cold Calls

Posted on 07/1/2014 by | AARP Blog Author | Comments

Money & Work By Hilary Appelman When Eileen Mazza retired as a manager at a gas company, she went to work part time for a law firm, helping find customers who might invest in trusts and annuities. But Mazza soon realized that many people couldn’t afford what her firm was selling. “People who’ve retired on maybe $80,000 and someone’s trying to take $5,000 for a trust—they don’t need that!” she said. “That’s not right.” Mazza started telling potential customers that these types of …

1.1 million

Posted on 03/1/2014 by | AARP Blog Author | Comments

Money & Work That’s how many Pennsylvanians were kept out of poverty by Social Security income each year, on average, from 2010 to 2012, according to an AARP Public Policy Institute report. Of those, 773,000 were 65 or older. Nationally, Social Security kept more than 22 million people out of poverty; over 15 million were 65-plus.

AARP Testifies at House Democratic Policy Hearing Opposing Changes to Default Electricity Service for Consumers

Posted on 01/23/2014 by | AARP Pennsylvania | Comments

Money & Work BEFORE THE PENNSYLVANIA HOUSE DEMOCRATIC POLICY COMMITTEE   Testimony of SONNY POPOWSKY AARP PENNSYLVANIA EXECUTIVE COUNCIL  Regarding  Pennsylvania Electricity Default Service and Senate Bill 1121   Harrisburg, Pennsylvania January 23, 2014      Chairman Sturla, Chairman Daley and Members of the House Democratic Policy Committee My name is Sonny Popowsky, and I am appearing here today as a volunteer member of the Executive Council of the Pennsylvania AARP.  Prior to my retirement in October 2012, I served as the Consumer Advocate of Pennsylvania …

Insurance Marketplace Opens; Multiple Options for Consumers

Posted on 10/1/2013 by | AARP Blog Author | Comments

Money & Work By Hilary Appelman • Anna Cordella has paid thousands of dollars to keep her health insurance coverage since she was laid off in 2012. Her eligibility runs out Dec. 31, but she’s not panicked. The next day, her coverage will begin under the Affordable Care Act (ACA). The law, which prohibits insurers from denying coverage or charging higher premiums based on preexisting medical conditions, “is the best thing that ever happened,” said the Norristown resident, who turns 64 this month. …

How to Make Sure Your Retirement Income Will Work For You

Posted on 08/1/2013 by | AARP National | Comments

Money & Work By Jean C. Setzfand, vice president of the financial security issues team in the Education and Outreach group at AARP If you saved, say, 10 percent of your salary for the rest of your working life, do you think that would be enough to get by? The so-called “experts” have long pegged that as the target savings rate, but how would you know whether it would meet your individual needs? There are plenty of calculators out there to will tell …