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.
The conversation continues! As we prepare for a historic election year, AARP Michigan is stepping forward to host an important and much-needed two-part virtual series as part of its MI Sisters & Friends call to action to identify and elevate issues important to women.
Michiganders who provide care for veterans spend on average $11,500 of their personal income on out-of-pocket costs related to caregiving each year—1.5 times higher than what other family caregivers spend ($7,242), according to AARP data. And 43 percent of veteran and military caregivers experienced at least one financial setback such as having to take on more debt or dip into personal savings, according to research from AARP and the National Alliance for Caregiving.
As retirement anxiety looms high in Michigan, many advocates are pushing for a state-facilitated program that will improve retirement savings for employees of small businesses.
In a world that's all about feeling good, we've got your back. Whether you're into brain hacks, fitness frenzies or just want to live your best life, we've got the scoop on all things health-related. Get ready to dive into a world of wellness events and programs where we'll dish out the latest info, expert tips and real-life tricks to help you feel your best.