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Finances 50+

All crimes that seek to steal money are abhorrent, but those that play on the emotions tend to hurt more.
Program Provides Free Tax Prep Help to All
AARP, the nation’s largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older, announced today the priority issues on its 2023 Michigan Legislative Agenda. Approximately 3.9 million residents in Michigan are 50 and over, representing 39% of the state’s population.
Winter is upon us and with temperatures plummeting in many areas, keeping the heat on is critical — a fact that criminals try to take advantage of. They impersonate utility companies, threatening to cut off service if an immediate payment isn’t made.
AARP Foundation Tax-Aide provides in-person and virtual tax preparation help to anyone, free of charge, with a special focus on taxpayers who are over 50 and have low-to-moderate income.
Gov. Greg Abbott and Lt. Gov. Dan Patrick were sworn into office for their third terms this week. The top Republican leaders outlined ideas for the next four years. Meanwhile, leaders in the state House and Senate unveiled spending plans for the state’s 2024-2025 biennium.
Be aware of short, urgent text messages, emails or social media messages asking for your help purchasing gift cards.
Getting yourself out of debt is hard work and it is time intensive. Be wary of offers of guaranteed quick fixes.
Here’s a New Year’s Resolution we could all benefit from: be vigilant about cryptocurrency scams. Fraud involving crypto investment schemes and crypto as payment in other schemes skyrocketed in 2022, according to the Federal Trade Commission. Reported losses exceeded $1 billion.
State lawmakers are weighing a new tool to curb high drug costs: a review board that would be able to set payment limits for some medications.
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