AARP testified in favor legislation to regulate cryptocurrency ATMs in Massachusetts. The bill includes fee caps, daily limits, and transparency, The effort has strong backing from law enforcement and follows similar AARP-led laws in 18 states.
AARP Massachusetts State Director Jen Benson testified in favor of a bill that will help the 780,000 caregivers in Massachusetts with a $1500 tax credit, work place protection, respite vouchers and allowing spouses to be paid as a caregiver among other provisions.
Assets are no longer being considered for Medicare Savings Programs in Massachusetts. If your income was below certain levels, you may qualify for this program. You could save as much as $3,000. You can find more information and links to apply for the state run program here
Join AARP Massachusetts for an online discussion that will focus on the decisions you will be making about when to claim Social Security benefits and what implications that has on your finances. Find registration details here.
Adults 60 and over in Massachusetts will soon eclipse the under-20 age cohort for the first time in recorded history. AARP believes the budget is an opportunity to plan for that
How ready for retirement are you? In theory, we all know it’s important to plan ahead, but in reality, many of us keep putting it off. According to a 2022 AARP report, 86% of working adults understand the importance of preparing for retirement, but only about 40% feel they are prepared to retire.