Finances 50+

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Here’s what to know, whether you’re a resident who’s working or retired, or if you’re considering a move to Georgia.
Tax
As tax day approaches, AARP Georgia reminds military veterans under 62 that they may be eligible for new tax benefits.
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Envelope is plan & white: double check before tossing!
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WASHINGTON—AARP Foundation Tax-Aide, the nation’s largest free, volunteer-based tax preparation and assistance service, announced today that it will suspend tax preparation services at all sites effective Monday, March 16, until further notice. The action is due to concerns about the spread of coronavirus. The program’s website, www.aarpfoundation.org/taxaide, is the best resource for information and changes in service availability.
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Be wary of people pushing products or stocks that promise a cure
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Today is National Be Heard Day. Never heard of it before? I wouldn’t be surprised. It’s a relatively new holiday created to give small businesses a chance to be heard. While there are many ways small businesses and residents can celebrate this day, AARP Georgia is honoring it by raising our voices about the retirement crisis impacting small businesses and their employees.
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Free Program Provides Tax Prep Help to All
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In 2016, a federal regulation was promulgated which required that any professional making a recommendation or solicitation regarding investments act in the best interests of their clients and put their clients' interests above their own. This policy protected consumers from receiving advice from financial experts that would benefit the advisor based on fees and commissions collected. After receiving pushback from the financial industry, the jurisdictional agencies began reexamining the policy.
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Find out more about this issue at AARP’s second in a series of free webinars.
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