The AARP-backed measure allows more Coloradans to fully deduct their Social Security benefits from their state taxable income, starting with the 2025 tax year.
In the fabric of society, few programs have woven themselves as deeply into the American culture as Social Security. The economic devastation of the Great Depression further exposed society's vulnerabilities, with millions of older Americans in poverty and many more at risk of financial ruin. In response, the Social Security Act was signed into law to better ensure a measure of income security for older Americans in retirement.
As temperatures rise and Texans rely heavily on air conditioning in their homes, AARP Texas seeks to educate consumers, including older Texans, on how to protect themselves against the rising costs of electricity and other utility expenses.
AARP Illinois pushed for creation of a retirement savings plan, as well as its latest expansion. Nationwide, AARP has pushed state legislators to support retirement savings programs, and has partnered with organizations on education efforts.