— Small businesses employ nearly half of U.S. private-sector workers, and many employers do not offer a retirement savings plan. That’s why AARP Arkansas is urging state legislators to create a Work and Save plan. Participating employers would enroll their employees in the plan and automatically deduct contributions from their paychecks (unless the worker wants to opt out). There would be no ongoing costs for employers, and the accounts would be portable, allowing workers to take their funds with them when …

— By Cathy MacCaul, AARP Washington Advocacy Director A new retirement savings initiative has launched in Washington. The Retirement Marketplace officially opened the nation’s first online savings portal in March, where businesses and individuals can comparison shop for low-cost, state-verified retirement savings plans. The Retirement Marketplace at www.retirementmarketplace.com was created to help approximately 2 million Washingtonians who do not have access to retirement savings plans through their workplace. We know a secure retirement is out of reach for millions of Americans, especially those …

— At Tanioka’s Seafood and Catering in Waipahu, the line sometimes stretches out the door for their famous ahi limu poke, maki sushi and sashimi platters. The family owned business takes pride in its local roots, community service, quality food and the service-with-a-smile attitude of its 150 workers. Founder Mel Tanioka and daughter Jasmine Tanioka, the company’s chief financial officer, want to offer a 401(k), IRA or other retirement savings plan to their workers, but found the administrative costs too high …

— At the AARP Oregon State Office we hear almost weekly from a member who can’t afford prescription drugs and has to make the hard choice to skip a medication dose or cut the pill in order to make ends meet. That’s why we were especially pleased to help pass legislation during Oregon’s short session that will make the cost of drugs more “transparent” in our state. This bill and several others passed through our advocacy efforts – and the help …

— By Hilary Appelman When a friend and financial adviser asked Kelli Robbins about her plans for retirement, she said half-jokingly, “I’m hoping to work until I’m really, really old.” Maybe her nephews would take over her business and write her a check every month. Or perhaps she would sell the business and live on the proceeds. “So you’d like to hit a home run in the ninth inning,” the friend responded. Robbins, president of Pittsburgh-based Contact One Communications, and her …

— By Philip Lentz Most New Yorkers of color over age 50 retire near the poverty line. They are more than twice as likely as older white residents to spend over half their income on housing. And 330,000-plus New Yorkers 60 and older are eligible for the Supplemental Nutrition Assistance Program (commonly known as food stamps) but have not signed up for it. These are a few of the troubling findings in three briefs issued by AARP New York that highlight …

— With life spans lasting longer than ever, too many people are financially unprepared for those additional years. Half of adults 65 and older worry about outliving their savings. To help Alaskans plan for retirement, AARP Alaska is offering a series of financial literacy workshops throughout 2018. Offered at the AARP state office in Anchorage, the brown-bag lunchtime workshops are free and open to the public. On Thursday, March 29, investment adviser and AARP volunteer Alyssa Mitchell will discuss withdrawal strategies …

— 100+ AARP Volunteers from Across NYS Urge Legislators to Include Governor’s Voluntary “Secure Choice” Option in Final State Budget ALBANY, N.Y. – Lieutenant Governor Kathy Hochul and bestselling personal finance author Jean Chatzky joined AARP volunteers from across New York today and a small business owner to urge state legislators to include in the final budget Governor Andrew Cuomo’s proposal to make it easier to save for retirement. AARP members are visiting over 70 legislative offices today to promote “Secure …

— Secure Choice, a voluntary workplace retirement savings option that could help millions of working New Yorkers save for their futures on the job, was enacted into law as part of the 2018-19 New York State Budget. When the program is fully implemented as expected in two years, Secure Choice will provide a convenient way for people to save at work – and continue saving even if they change jobs. What is the “Secure Choice Savings Program”? A new, voluntary workplace retirement savings program …

— Voluntary Workplace Retirement Savings Option Could Help Millions, Especially Communities of Color; AARP Urges Lawmakers to Include in Final Budget ALBANY, N.Y. – AARP New York State Director Beth Finkel issued the following statement today in reaction to Governor Andrew Cuomo’s 2018-19 State Budget Proposal: “Millions of middle class, working New Yorkers will have an effective way to save for retirement at work thanks to Governor Cuomo’s state budget proposal to create a savings option for private sector employees whose …