The AARP® Purpose Prize® is open to founders of 501(c)3 and 501(c)4 nonprofit organizations. Applicants must be over 50 and need to have started their organizations after age 40. Up to five winners will receive $75,000 for their organization and a year of organizational supports to expand their reach provided by AARP. Application deadline is February 28, 2025, at 4 p.m. Central.
More than half of Arkansas’ private-sector workers lack access to an employer-sponsored retirement savings plan, putting them at risk of financial insecurity.
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.
AARP Real Possibilities by AARP Michigan is a weekly TV show airing every Tuesday on ABC 53 in Lansing and Jackson at 9:00 am and ABC 4 West Michigan at noon.