Need help with a basic tax return or amendment? Tax Aide volunteers provide free tax help to low- to middle-income Alaskans of all ages at sites across the state. (No need to be an AARP member.) They can also help with past-due returns, back to 2015.
With life spans lasting longer than ever, too many people are financially unprepared for those additional years. Half of adults 65 and older worry about outliving their savings.
Thousands of older Alaskans stand to lose crucial assistance from a program that is due to expire in 2018. When the legislature convenes Jan. 16, AARP Alaska will be backing a bill to extend the state’s Senior Benefits Program, which provides cash assistance to more than 11,000 low-income Alaskans 65 and older.
Many people worry about remaining financially secure after leaving the workforce, but, according to the Employee Benefit Research Institute, less than half of U.S. workers report that they or their spouse ever tried to calculate how much money they would need to live comfortably in retirement.