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Tax-preferenced retirement savings accounts, which receive a tax subsidy to provide retirement security, should exclude new types of unregulated investment products.
Fiduciary responsibility to plan participants must be steadfastly maintained.
Americans’ retirement income comes from several sources. For most, Social Security income is the foundation of financial security in retirement.
Policies and regulations should prioritize placing children in foster care with grandparents and other caregiver relatives whenever possible and appropriate.
Public-benefit programs should ensure that families headed by grandparents and other caregiver relatives receive sufficient support for economic security and well-being.
Congress should allocate sufficient funding to strengthen the administrative capacity of the Social Security Administration (SSA) to better meet the needs of applicants and beneficiaries.
The number of years used to calculate benefits should not be increased beyond the 35 years designated in current law.
Food and nutrition programs should have adequate funding to engage in robust outreach efforts.
Policymakers should retain wage indexing of both the Average Indexed Monthly Earnings and the thresholds used in the formula for the Primary Insurance Amount.
Policymakers must maintain adequate funding rules for defined-benefit pension plans.