— AARP Applauds Governor, Legislators for Including Voluntary Workplace Retirement Savings Option in Final 2018-19 Budget ALBANY, N.Y. – AARP New York State Director Beth Finkel issued the following statement today on the final 2018-19 New York State Budget: “Secure Choice will offer hard working men and women across New York an easy and effective way to save for their futures through payroll deduction. And it’s a great tool for small companies to attract and retain quality workers. As fewer small …

— Senate, Assembly State Budget Proposals Include Voluntary “Secure Choice” Program, Following Game-Changing Proposal in Governor’s Executive Budget ALBANY, N.Y. – AARP New York State Director Beth Finkel issued the following statement today on the State Senate and State Assembly 2018-19 State Budget proposals: “State legislators’ support for an initiative to help New Yorkers save for retirement at work signals an impending game-changer that could potentially benefit millions of private sector employees. AARP applauds lawmakers and Governor Cuomo for including ‘Secure …

— AARP Van Tour Asks Flanagan, Senators to Include Governor’s “Secure Choice” Retirement Savings Proposal in Final State Budget SMITHTOWN, N.Y. – AARP volunteers began fanning out across Long Island today to deliver a message to their State Senators: help New Yorkers save for retirement. Dozens of Long Island volunteers will participate in a three-day tour in AARP’s van calling on Senate Majority Leader John Flanagan and his Island colleagues to include in the final state budget Governor Andrew Cuomo’s “Secure …

— 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 …

— Voluntary “Secure Choice” Program Would Allow Businesses to Offer Workplace Savings Option, Provide Employees Easy Way to Save ALBANY, N.Y. – AARP today launched an advertising campaign touting a proposal by Governor Andrew Cuomo that would make it easier for New Yorkers to save for their retirement and urging state legislators to make the proposal part of the final state budget. The TV, digital and print ads running in media outlets from Long Island to Buffalo urge support for “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 …

— By Laura Mecoy Michael Achkar thought he had the perfect solution when he built a small house for his father in the backyard of his Capitola home. Then Achkar encountered one of the many challenges Californians face as the state seeks to expand housing: Connecting the separate unit to a water supply would cost more than $24,000 for fees and the installation of a new meter—requirements of his local water district, which has serious supply issues. Because of the high …

— 69% of companies that don’t offer a plan say cost is a concern; “Secure Choice” would afford them a state-facilitated option Nearly three quarters of New York small businesses that don’t offer their employees a retirement savings plan would likely do so if a state-facilitated option existed, according to a new survey commissioned by AARP. More than half of New York’s private sector workforce – over 3.5 million New Yorkers – lack access to a retirement savings plan such as …

— By Rita Beamish Patricia A. Gonzalez-Portillo loves her California life, her friends and her home in Long Beach. But at 51, working as a national director for a nonprofit and married to a video-industry entrepreneur, she knows that finances ultimately will force them to leave and retire in Texas. Gonzalez-Portillo would rather stay, but Alan, her 15-year-old son, is bound for college in a couple of years. With a mortgage, the boy’s tuition at a private high school and other …

— Fail to Address Retirement Savings Crisis, Woefully Underfund Services to Help Older NYers Age in Own Homes and Support Family Caregivers ALBANY, N.Y. – Although the new state budget is being touted as a boon to New York’s middle class, AARP says the 2017-18 spending plan fails to address two critical middle class issues: the growing retirement savings crisis and older New Yorkers’ ability to age in their own homes. Over half of all private sector employees in New York …