OLDER UTHANS STRONGLY SUPPORT BIPARTISAN LEGISLATION TO FIGHT AGE DISCRIMINATION

OLDER UTHANS STRONGLY SUPPORT BIPARTISAN LEGISLATION TO FIGHT AGE DISCRIMINATION

Posted on 03/31/2014 by | AARP Utah | Comments

Money & Work   Older Utahns overwhelmingly support bipartisan legislation to combat age discrimination in the workplace, a new AARP survey shows. The poll last month of registered voters 50 and older found a remarkable 85 percent favor passage of the bipartisan “Protecting Older Workers Against Discrimination Act” (POWADA). Significantly, 53 percent of ALL those interviewed said they “strongly” endorsed the bill.  In contrast, only 9 percent oppose passage, the survey reported. “This AARP survey confirms what Utah residents know: huge majorities demand fairness …

Payday Loans are a Debt Trap, says the Federal Consumer Financial Protection Bureau

Payday Loans are a Debt Trap, says the Federal Consumer Financial Protection Bureau

Posted on 03/26/2014 by | AARP Utah | Comments

Money & Work If you need more evidence that payday loans can be a debt trap, look no further than today’s report by the Consumer Financial Protection Bureau. The agency found that 4 out of 5 payday loans are renewed or rolled over within two weeks after the end of their term. In half of these cases, the borrower renews the loan at least 10 times in a row. And repeat borrowing may be more expensive than many borrowers may realize. Fees in …

Working on Your Taxes? Here’s Help

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

Money & Work In Utah—as elsewhere across the country—AARP Foundation Tax-Aide volunteers are helping taxpayers prepare their 2013 returns. The free service is available to taxpayers of any age through April 15, with priority given to those age 60-plus. AARP membership is not required. Last year more than 100 Tax-Aide volunteers helped more than 10,000 people in Utah.  For information on locations and hours, visit aarp.org/findtaxhelp or call 888-227-7669 toll-free. Utahns also can find a list of materials the tax preparer needs at …

A Message on Scams from the AARP Utah State President

A Message on Scams from the AARP Utah State President

Posted on 02/13/2014 by | AARP Utah | Comments

Money & Work   I was very interested in a recent KUTV story of a Salt Lake woman whose entire savings had been stolen by her son and daughter-in-law.   She is now struggling to make ends meet and it is unlikely she’ll get her money back. (Get Gephardt, February 6, 2014).  Utah’s Adult Protection Services is quoted as saying that approximately $1 million per day is swindled from seniors IN UTAH.  Hard to believe!  Even harder is the fact that 57% of that …

Five Common Scams to Avoid

Five Common Scams to Avoid

Posted on 02/3/2014 by | AARP Utah | Comments

Money & Work If you have money, scammers have a way to take it from you. Con artists talk about getting their victims so emotionally charged up that they are unable to think logically. They call it “under the ether,” and it is how they play on hope, fear and empathy to defraud their victims. Find out how to protect yourself from five common scams with staying power. Sweetheart. Savvy scammers do their homework, tailoring their false identity to target their victims, and …

Watch Out for Debt in Retirement

Watch Out for Debt in Retirement

Posted on 01/30/2014 by | AARP Utah | Comments

Money & Work What’s quickly eating up a growing share of retirees’ money these days? Not health care, as you might expect, according to a new report by the National Center for Policy Analysis. Over the past 20 years, a greater percentage of older Americans’ dollars has gone to servicing debt, particularly mortgage and home equity loans, the “free market” think tank says. It used government data to compare the spending habits of today’s retirees with those of their predecessors, finding, for instance, that 20 …