The SECURE 2.0 Act of 2022 introduced major updates to retirement savings, offering greater flexibility for individuals managing their 401(k) plans. These changes, effective in 2024, allow easier access to retirement funds for emergencies and adjust required minimum distribution (RMD) rules. While the updates are helpful, it’s important to weigh the long-term impact of these decisions on your financial future.
December is a month of universal celebration, where light, hope and renewal shine brightly against the backdrop of winter’s longest nights. Across the globe, this month brims with traditions that honor resilience and joy, drawing from stories of community and reflection. From the soft glow of candles in homes to the lively rhythm of parades and the warmth of festive feasts, December invites us to look back on the year’s journey, embrace the present with gratitude and welcome the future with hope. Ancient customs blend with modern festivities, showcasing the vibrant expressions of cultures that connect us across centuries and continents.
AARP is championing a plan to increase resources for family caregivers across the state. It would include the expansion of caregiver resource centers and the creation of a statewide website with evidence-based educational and training materials.
As the holiday season approaches, the quest for unique and personalized gifts has led many to explore the world of DNA testing. Ancestry and heritage research, uncovering potential health risks and building family trees have become increasingly popular motivations for submitting DNA samples. However, beneath the allure of these discoveries lies a cautionary tale, as safety raises significant concerns.
Released today, Disrupting Disparities: Retirement Savings and Food Security reveals concerning issues related to retirement and food security among Michigan’s older adults. This study, prepared by AARP Michigan and Public Sector Consultants, highlights challenges older adults in Michigan face in two policy areas: ensuring savings for retirement through employment, and access to sufficient, safe and nutritious food that meets older adults’ dietary needs.
For the first time since AARP began publishing the Scorecard in 2011, more than half of Medicaid long-term care dollars nationwide for older adults and people with physical disabilities went to home- and community-based services instead of nursing homes and other institutions.