Finances 50+

AARP released a report that shows an estimated 19,221 of Mississippians on Medicare prescription drug plans will see savings thanks to a new out-of-pocket cap that starts January 1, 2025. The savings are made possible by a provision in the 2022 prescription drug law that AARP championed which caps out-of-pocket prescription drug costs every year, beginning at $2,000 next year, for America’s 56 million Medicare drug plan enrollees.

In today's world, few things are as deeply woven into the fabric of our nation as Social Security. For over eight decades, this bedrock program has offered economic security and dignity to millions of retirees, people with disabilities, and surviving spouses and children. It is a sacred promise between the government and the American people who pay in and earn their Social Security over a lifetime of hard work.

As we look ahead to 2025, Michigan's retirees will see a 2.5% increase in their Social Security benefits, marking a much-needed adjustment to help offset rising living costs. This follows a 3.2% increase in 2024, bringing a continued focus on supporting older adults who depend on these benefits to manage their daily expenses.

Medicare open enrollment goes from Oct.15 to Dec. 7, and unfortunately, scammers are ready to pounce on unsuspecting enrollees. Here's what to watch out for to stay safe from scams.

Get all the details here about the Arkansas Saves plan.

As the 2024 election approaches, Michigan voters will have the opportunity to hear directly from U.S. Senate candidates Elissa Slotkin and Mike Rogers during a highly anticipated debate on Tuesday, October 8th at 7:00 PM.

Social Security is your money. You paid into it. It can be confusing and there are funding issues ahead. If you have questions, AARP can help. We have a number of informative events to learn more about Social Security & why it needs to be protected

Tri-state forum on the future of Social Security

RetireReady NJ is a new state-administered retirement savings program for private-sector workers who don’t have access to an employer-sponsored plan, such as a 401(k).

Given the projected Social Security shortfall in 2034, AARP is focused on helping older Americans better understand their Social Security benefits and learn about the policies that would strengthen the program for current and future generations. If Congress doesn’t act, millions of Americans who are counting on Social Security will see cuts to the money they’ve earned. If Washington doesn't take action in the next 10 years to protect and save Social Security, it could be cut by 20%, an average of $4,000 a year. That's why AARP Minnesota and AARP Wisconsin have teamed up to bring two events to the Duluth-Superior area that wrestle head-on with the economic impact of Social Security and generational perspectives on retirement.