Search results for: herb weiss
Rally round Martin O’Malley for Social Security Administration Commissioner – Herb Weiss
By Herb Weiss, contributing writer on aging issues Just weeks ago, President Joe Biden nominated former Maryland Governor Martin O’Malley, Social Security Commissioner, to lead the Social Security Administration (SSA) in delivering benefits to 67 million Americans per month, totaling over 1 trillion dollars in benefits paid during the year. With the SSA Trust Fund running…
Read MoreAARP helping RI communities become more livable with Challenge Grants – Herb Weiss
By Herb Weiss, contributing writer on aging issues Photo: Volunteer grandmas working in a straw bale garden, courtesy West End Community Center One might say that the Washington, DC-based AARP puts its money where its mouth is. The nation’s largest aging advocacy group recently announced that it is investing $3.6 million in 310 Community Challenge grants…
Read MoreAnnual retirement survey: Caregivers less likely to save. Support for this critical role. – Herb Weiss
EBRI Survey Says Unpaid Caregivers Less Likely to Save for Retirement By Herb Weiss, contributing writer on aging issues According to the 33rd annual Retirement Confidence Survey (RCS) released last week, caregivers are more likely to have lower levels of assets and more likely to have problems with debt than non-caregivers. Because of this they…
Read MoreSocial Security must be key issue in 2024 Presidential Election – Herb Weiss
By Herb Weiss, contributing writer on aging issues Last Wednesday, 178 House Democrats, (90% of the House Democratic caucus) led by Rep. John Larson (D-Conn.) introduced H.R. 4583, the “Social Security 2100 Act of 2023.” The 108-page bill would expand Social Security’s benefits, with no cuts, and keep the system fiscally strong for decades to…
Read MorePrudential Financial study: Gen Xers stumbling into retirement – Herb Weiss
By Herb Weiss, contributing writer on aging issues While aging baby boomers ease into retirement, a new research study finds that Generation X, born between 1965 and 1979, are now facing the harsh reality of not being financially prepared for their looming retirement. This demographic cohort group follows the baby boomers (1946 to 1964) and…
Read MoreRepublican Study Committee, Social Security and Medicare – Herb Weiss
By Herb Weiss, contributing writer on aging issues Last month, the Republican Study Committee (RSC) unveiled its 167-page FY 2024 “Protecting America’s Economic Security” budget proposal which calls for balancing the federal budget in seven years, slashes $16.3 trillion in wasteful government spending over ten years, and cuts $5.1 trillion in taxes. During the 118th…
Read MoreNew Census data reports the graying of U.S. population – Herb Weiss
By Herb Weiss, contributing writer on aging issues The nation’s population continues to gray and this is documented by a series of demographic profiles from the 2020 Census recently released. The release of this updated census data must be a wake-up call to Congress and federal and state officials who oversee aging programs and services.…
Read MoreNew Legislative Commission to work on improving programs, services to seniors – Herb Weiss
By Herb Weiss, contributing writer on aging issues Photo: Pamela Bhatia, Artistic Images During May, designated as Older Americans Month, the Rhode Island House of Representatives approved H 5224-SUB A, sponsored by House Deputy Majority Leader Lauren H. Carson (D-District 75, Newport), creating a legislative commission to study the services and programs for 240,000 older…
Read MoreA call for supporting the nation’s caregivers – Herb Weiss
By Herb Weiss, contributing writer Just 511 days until the 2024 Presidential Election (Nov. 5, 2024), older voters call on Congress to provide more support for the nation’s family caregivers, according to a new AARP Family Caregiving study, released on May 5, 2023, conducted by the bipartisan polling team of Fabrizio Ward and Impact Research. Former First Lady,…
Read MorePath to an “age-friendlier” budget – Herb Weiss
by Herb Weiss, contributing writer on aging issues Photo: Pamela Bhatia, Artistic Images Can We Call the Recently Passed House Budget Proposal “Age-Friendly” After a 47:10 minute meeting on Friday night, the House Finance Committee approved a $14 billion budget for the 2024 fiscal year that commits funding toward addressing the housing crisis (top priority), supports…
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