AARP Eye Center
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WASHINGTON, DC—AARP responded to today’s announced cost of living adjustment (COLA) for Social Security beneficiaries in 2019. Additionally, AARP launched the Social Security Resource Center, a one-stop place for consumers to have their Social Security retirement questions answered, including when to claim. Consumers can find more at www.aarp.org/socialsecurity.
WASHINGTON, DC—New survey results find Americans across three generations have major concerns about their personal finances, debt levels, and the national economic picture, despite a growing economy. Across the generations Social Security and Medicare remain as popular as ever. Although almost half (49 percent) of Millennials, Generation X, and Baby Boomers report feeling somewhat satisfied with their financial situation, while, 37 percent, feel not at all or not too satisfied. About a third (31 percent) say they couldn’t cover their expenses for a full month if they had no income to rely on, and two-thirds (66 percent) count their debt level as a major or minor problem.
Washington, DC— New research released today from the Association of Young Americans AYA (AYA) and AARP show student loan debt preventing Americans across three generations from saving for...
WASHINGTON, DC—Investors are confused – and may even be misled – by disclosures proposed by the Securities and Exchange Commission (SEC) to help investors choose an investment professional, according to independent testing conducted by Kleimann Communications Group on behalf of AARP, Consumer Federation of America (CFA), and the Financial Planning Coalition.
WASHINGTON, DC—Information stolen in computer breaches of well-known companies is flooding into an underground digital market called the Dark Web, where criminals buy and sell Social Security numbers, credit card information and computer passwords to be used for fraud, an investigation in the September issue of AARP Bulletin reveals. Using software originally developed by the U.S. Navy and available for free to anyone who wishes to download it, criminals buy and sell private data with complete anonymity, then use it to commit identity fraud. Approximately 6.6 percent of U.S. adults were victimized last year, the report shows, and allegedly, more than half of Americans’ Social Security numbers are for sale for as low as a few dollars each. The article also details how identity fraud typically occurs, and the many proven, powerful ways consumers can protect themselves.