Denver, CO — AARP Colorado commends the reintroduction of the Credit for Caring Act, legislation that would provide financial relief to eligible working family caregivers. The bill, sponsored by Senator Michael Bennet, offers up to a $5,000 nonrefundable federal tax credit to help offset caregiving expenses, addressing the significant personal and financial sacrifices caregivers make to support their loved ones. On average, family caregivers spend over $7,200 annually—26% of their income—on out-of-pocket expenses.
Last week, volunteers and staff from AARP Fraud Watch Network and AARP Colorado turned up the heat on one issue plaguing Coloradans – cryptocurrency ATM fraud.
Few things are as deeply woven into the fabric of our nation as Social Security. For over eight decades, this bedrock program has offered economic security and dignity to millions of retirees, people with disabilities, and surviving spouses and children. It is a sacred promise between the government and the American people who pay in and earn their Social Security over a lifetime of hard work.
When she was an oncology nurse, Amelia Schachter spent many frustrating hours on the phone with insurance companies, trying to get authorization for her patients to receive lifesaving drugs.