Money

FOR IMMEDIATE RELEASE CONTACT: Hilda Marella Delgado

About 7.5 million Californians whose employers do not offer a retirement savings plan will soon have a way to save for retirement through payroll deductions.

By Elizabeth Blish Hughes

Gardena, CA – At a ceremony today at the Second Time Around Senior Club, Representative Maxine Waters (CD 43) was presented with AARP’s “Champion of 50+” award, in recognition of her strong support for a new U.S. Department of Labor rule, which requires that retirement plan advice be given in the best interest of consumers – a rule which could save American families billions of dollars per year. Rep. Waters also voted AGAINST legislation that would have stopped the rule from taking effect.

SACRAMENTO – Today, AARP applauded the vote on the Senate Floor passing the California Secure Choice Retirement Savings Act (Senate Bill 1234) introduced by Senate President Pro Tem Kevin De León into the Assembly. AARP strongly supports SB 1234, which, if passed by the legislature and signed by Governor Brown, would create an auto-enrolled, supplemental retirement savings program for more than 7 million private sector workers in California who do not have access to a retirement savings plan through their job.

By Laura Mecoy

Sacramento, CA —A scientific opinion poll released today by AARP and Small Business Majority shows a strong majority of California’s small business owners support the creation of a voluntary, portable retirement savings program that would allow employees to more easily save for their financial future. What’s more, small business owners believe offering such a program to their employees would give their business a competitive edge.

Pasadena, California — Este año, AARP Foundation brindará nuevamente asistencia gratuita en la preparación de las declaraciones de impuestos para los contribuyentes de ingresos bajos a moderados a través del programa AARP Foundation Tax-Aide. En su 48.º año, AARP Foundation Tax-Aide es el servicio de asistencia gratuita en la preparación de las declaraciones de impuestos más grande del país, que brinda especial atención a la población de mayor edad. No es necesario que los contribuyentes sean socios de AARP o estén jubilados para usar este servicio.

Los Ángeles, CA – La Fiscal General Kamala D. Harris anunció hoy una nueva colaboración entre la Oficina de la Procuraduría General y AARP California para proteger a las personas mayores contra el abuso y el fraude. La colaboración se enfocará en educar a los seniors, a sus familias y al público en general acerca del abuso a los mayores y las leyes contra fraude diseñadas específicamente para proteger aquellos de 50 años y más.

Join AARP in San Diego for a Financial Wellness workshop featuring finance journalist George Chamberlin on Saturday, Oct 24 th.