House budget proposal restores medical deductions, increases Home and Community Block Grant

Posted on 05/19/2015 by | AARP North Caroliina | Comments

Advocacy By Charmaine Fuller Cooper State House leaders responded to North Carolina’s seniors in the House budget proposal released Monday night. Over the past two weeks, AARP members sent over 75,000 emails and 2,000 faxes to legislative leaders urging full restoration of state medical expense deductions and full funding for the Home and Community Care Block Grant. Both came out winners in the State House budget proposal. Check out the key highlights from the proposed House Budget: Medical Deductions Fully Restored …

Upset about lost medical expense deductions? There is still time to take action!

Posted on 05/14/2015 by | AARP North Caroliina | Comments

Advocacy | Driver Safety   Are you upset about lost medical expense tax deductions in North Carolina? If so, it’s time to take action. Many older adults and families in North Carolina did not realize the full impact of this tax law change until filing their 2014 tax returns this spring. But legislative leaders still have an opportunity to restore the medical expense deductions that provide some needed relief from the high cost of health care for people of all ages. This week on …

A business case for workers age 50+

Posted on 05/14/2015 by | AARP North Caroliina | Comments

Money & Work By Doug Dickerson, Director, AARP North Carolina Hopefully, we’ll all live to be age 50. Then what? A new study by AARP and Aon Hewitt found that workers age 50+ are the most engaged employees, between 5-7% higher than workers under 50. The study also found that 50+ talent is a key ingredient in a high-performing workforce, and that leading employers focus on recruiting and retaining these workers because the employers value the workers’ experience and maturity. Companies that boast …

AARP bringing ‘Real Possibilities’ to Wings Over Wayne

Posted on 05/13/2015 by | AARP North Caroliina | Comments

About AARP | veterans GOLDSBORO – In appreciation for military families and veterans, AARP will be exhibiting at Wings over Wayne 2015 providing information and support to help people live healthier and more financially secure lives. Visitors to the AARP exhibit can participate in fun activities, receive free personal commemorative event photos, win prizes, and enter a chance to win smart tablets and VIP tickets to the Kellie Pickler concert on Saturday, May 16. Veterans of the armed forces will also receive special recognition …

Is starting a business right for you?

Posted on 05/8/2015 by | AARP North Caroliina | Comments

Money & Work Have you thought about entrepreneurship as a new career option? Research has found one-in-four Americans between age 44 and 70 are interested in starting a new business within the next five to ten years. Small businesses employ about half of American workers. It may seem daunting to turn a talent, hobby or business idea into a profitable venture, but with planning and a little help, many have found business ownership as a viable option. AARP’s encore entrepreneurship tools help those …

Upset about lost medical deductions? Time to take action!

Posted on 05/5/2015 by | AARP North Caroliina | Comments

Advocacy | Health & Wellbeing By Charmaine Fuller Cooper Changes to state tax laws that took effect last year have left seniors holding the bag. Most older adults didn’t fully realize the impact until filing their 2014 taxes this spring.  Here’s what was lost: Up to $2,000 in deductions for private retirement income Deductions for medical expenses (previously able to deduct expenses that exceed 10% of Adjusted Gross Income if under 65 and 7.5% if over 65)   While lawmakers may have thought a higher …